1 of 34 Lecture 2 The Economic Problem: Scarcity and Choice Scarcity, Choice, and Opportunity Cost Scarcity and Choice in a One-Person Economy Scarcity.
Review of Principles of Microeconomics. 2 of 34 Three fundamental concepts: – Opportunity cost – Marginalism, and – Efficient markets To Learn A Way Of.
INTERACTIVE FIGURES PART 6 Demand and Supply in Factor Markets CHAPTER 18 HOW INCOMES ARE DETERMINED.