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BBA 1002PRINCIPLES OF ECONOMICS AND MANAGEMENT SKILLS

GAN KAR YING970714-01-5018

202748

MR. DOUGLAS

JUNE 2015

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(d)The opportunity of producing additional units of food is presented in table

Alternative or

Point

Units of Food

(millions)

Units of Clothing

(thousand)

pportunity Cost

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S)33$*: Economics is a study of man in the ordinary business of life. It enquires how he gets his

income and how he uses it. Thus, it is on the one side, the study of wealth and on the other

and more important side, a part of the study of man.

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http://www.ehow.com/about_5340126_definition-economic-principles.htmlhttps://en.wikipedia.org/wiki/Economicshttp://www.mindtools.com/pages/article/henri-fayol.htmhttp://www.kidseconposters.com/posters/financial-literacy/basic-principles-of-economics/http://www.kidseconposters.com/posters/financial-literacy/basic-principles-of-economics/http://www.ehow.com/about_5340126_definition-economic-principles.htmlhttps://en.wikipedia.org/wiki/Economicshttp://www.mindtools.com/pages/article/henri-fayol.htmhttp://www.kidseconposters.com/posters/financial-literacy/basic-principles-of-economics/http://www.kidseconposters.com/posters/financial-literacy/basic-principles-of-economics/

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