Eco 01 - Study guides, Class notes & Summaries

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ECO101102 NOTES PARKLAND COLLEGE
Other • 2522 pages • 2021

ECO NOTES PARKLAND COLLEGE 01/01/01 f (1) QID: 12876 The opportunity cost of any particular choice is the least expensive alternative to the choice. the best alternative to the choice. the price that one pays for the choice. the most expensive alternative to the choice. (2) QID: 12879 If you wait in line one hour to buy a concert ticket for $30, the opportunity cost of that ticket is the best alternative use of the $30. the best alternative to the one hour it too...

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ECO 151Micro Test EXAM| GRADED A
Exam (elaborations) • 70 pages • 2021

ECO 151Micro Test EXAM • Question 1 2 out of 2 points To economists, a change in demand means that there has been a shift in the demand curve, whereas a change in quantity demanded Selected Answer: Response Feedback: Means that price has changed and there is movement along the demand curve. correct MC Qu. 33 A change in demand means there... AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 2 Medium Learning Objective:...

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ECO 151Micro Test EXAM| GRADED A
Exam (elaborations) • 70 pages • 2021

ECO 151Micro Test EXAMECO 151Micro Test EXAM • Question 1 2 out of 2 points To economists, a change in demand means that there has been a shift in the demand curve, whereas a change in quantity demanded Selected Answer: Response Feedback: Means that price has changed and there is movement along the demand curve. correct MC Qu. 33 A change in demand means there... AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 2 Mediu...