Microeconomics(eco 2023) Ch 1.1-1.4 Notes
Learn about these in ch.1.1-1.4 1.1 Scarcity Q1: What are the wants and constraints of those involved? 1.2 Opportunity Cost and Marginal Decision Making Q2: What are the trade-offs? 1.3 Incentives Q3: How will others respond? 1.4 Efficiency Q4: Are resources being allocated in the best way possible? Notes plan is title, objective, vocab, info, key points, and summaries.
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Document information
- Uploaded on
- July 8, 2022
- Number of pages
- 8
- Written in
- 2021/2022
- Type
- Class notes
- Professor(s)
- Samson julius alva
- Contains
- Class 1
Subjects
- econ
- economics
- trade offs
- incentives
- efficiency
- summaries
- vocabulary
-
chapter 1
-
notes
-
ch1
Also available in package deal