Exam (elaborations)
ECN211 Exam 1 Review ASU
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- Institution
Ten Principes - Answer- Principle 1: People face tradeoffs Principle 2: The cost of something what you give up getting it Principle 3: Rational people think at the margin Principle 4: People respond to incentives Principle 5: Trade can make everyone better off Principle 6: Markets are usually ...
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