State University of New Jersey Principles of Economic Thinking Discussion – Question Description
I’m working on a management exercise and need support to help me learn.
Prompt: Watch “FI$H – How an Economy Grows (Episode 2: Get Shirty)” [5:37 minutes]. Based on the above video clip, which of the basic principles of economic thinking is/are addressed, and explain why? Explain inA your own words, what drives Able and Charlie to trade? What is/are the underlying assumption(s) that allow the trade to occur?
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