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  • Key Terms Exam 1

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    Alexandra Junellite-Ann Joseph
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    Key Terms Exam 1 economics. Utility opportunity costs production possibilities curve. Market demand substitution effect. Producer surplus consumer surplus externality positive.

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    Key Terms Exam 1 economics. Utility opportunity costs production possibilities curve. Market demand substitution effect. Producer surplus consumer surplus externality positive.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views1 page

    Key Terms Exam 1

    Uploaded by

    Alexandra Junellite-Ann Joseph
    Key Terms Exam 1 economics. Utility opportunity costs production possibilities curve. Market demand substitution effect. Producer surplus consumer surplus externality positive.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Key Terms Exam 1 Economics Utility Opportunity costs Production Possibilities Curve Economics Systems Laissez-Faire Competition Creative

    Competition Creative Destruction Market Demand Substitution Effect Complementary goods Surplus & Shortage Efficiency Producer Surplus Consumer Surplus Externality Positive Economics Normative Economics Macroeconomics Microeconomics

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