Exam (elaborations)
Econ 205 Final review Flashcards Questions and Answers 2023
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Tradeoffs are required because wants are unlimited and resources are - -Scarce -Suppose you find $20 on the sidewalk and decide to spend it having dinner at Applebees. Your opportunity cost for going to dinner is - -The $20 because you could have spent it on something else, plus the value of you...
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