You are required to put your work through Turnitin. Further details, if required, will be given out by your lecturer. You are also advised to prepare a draft of his assignment and show your tutor and act on the feedback.
Upon completion of these tasks the following learning outcomes (this is not part of the task) should be achieved:
1. The basic economic problem, opportunity cost and different economic systems
2. Demand and Supply, allocation of resources through the price mechanism in a free market and the concept of elasticity
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