ABSOLUTELYY NO PLAGIARISM!!! WILL REPORTTT. Prepare an 875-word research paper as part of a marketing research committee for your organization about current microeconomic thought and theory.ÿIdentify the fundamental lessons the Ten Principles of Economics teaches regarding:How people make decisionsHow people interactHow the economy works as a wholeÿExplain the following to help the committee members understand how markets work:How society manages its scarce resources and benefits from economic interdependence.Why the demand curve slopes downward and the supply curve slopes upward. The impact of price controls, taxes, and elasticity on changes in supply, demand and equilibrium prices.Where the point of equilibrium is and what does it determine?Format consistent with APA guidelines.
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