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BASIC ECONOMIC IDEAS & RESOURCE ALLOCATION BASIC ECONOMIC IDEAS & RESOURCE ALLOCATION

BASIC ECONOMIC IDEAS & RESOURCE ALLOCATION - PowerPoint Presentation

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Uploaded On 2018-02-21

BASIC ECONOMIC IDEAS & RESOURCE ALLOCATION - PPT Presentation

BROAD TOPIC AIMS To describe efficient resource allocation To explain market failure To describe the CBA in decision making Introduction amp review What is the basic fundamental economic problem ID: 633693

benefits costs social efficiency costs benefits efficiency social amp economic cost private market production external externalities point efficient page

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