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Economic Choice Today: Opportunity Cost Economic Choice Today: Opportunity Cost

Economic Choice Today: Opportunity Cost - PowerPoint Presentation

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Uploaded On 2017-03-29

Economic Choice Today: Opportunity Cost - PPT Presentation

Chapter 1Section 2 pages 1217 Section 2 Objectives understand why choice is at the heart of economics explain how incentives and utility influence people economic choices consider the role of tradeoffs and opportunity costs in making economic choices ID: 531138

cost choices economic making choices cost making economic decision choice opportunity decisions trade costs benefits benefit time incentives utility

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