LENGTH: 2-3 typed and double-spaced pages.
Apply economic concepts to a given single organization.
1. Identify and briefly describe the organization you are going to use. Why do you think it will be an interesting focus for your application of economic ideas?
2. Pick two ideas discuss how they apply to your organization.
3. Think about your firm in terms of the circular flow diagram. Explain the two roles of the firm and how it applies to your franchise.
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