In this paragraph, describe the economic concepts that you used in your outline. explain how each of these concepts will frankie to make a decision.

The economic concepts to help Frankie make a decision should be based on the best strategy for him to use his resources effectively to buy a new pair of shoes.

It refers to an economic theory used when it is necessary to make a choice, that is, the value for which you will give up when choosing an option.

Therefore, Frankie must analyze his needs, goals and economic objectives to make the best decision, choosing the opportunity cost that will bring him the best economic benefit in exchange for a lower cost.

Find out more information about opportunity cost here:

link

answer; paraphrasing;

false, there are written records.

hope this ! : )