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All Educational Materials for ECON 1000 at York University (YORKU)

YORKECON 1000Andrea PodhorskyFall

ECON 1000- Final Exam Guide - Comprehensive Notes for the exam ( 99 pages long!)

OC225376299 Page
30 Nov 2017
0
Booklet, i may be subject to proceedings under the university"s regulations on academic honesty: i may only use my own formula and statistical tables b
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YORKECON 1000Steven EdwardsFall

ECON 1000- Final Exam Guide - Comprehensive Notes for the exam ( 115 pages long!)

OC2376895115 Page
29 Mar 2018
0
Econ 1000 chpt 1 what is economics? (pg 13 summary) All economic questions arise from scarcity from the fact that wants exceed the resources available
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YORKECON 1000Sharif KhanWinter

[ECON 1000] - Final Exam Guide - Comprehensive Notes fot the exam (36 pages long!)

OC99873036 Page
29 Mar 2017
0
Our inability to satisfy all our wants. Megan wants to buy a cd that costs but has only to spend. Governments cannot spend a tax dollar on both natio
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YORKECON 1000Andrew BrennanFall

ECON 1000- Final Exam Guide - Comprehensive Notes for the exam ( 65 pages long!)

OC231304865 Page
30 Nov 2017
0
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YORKECON 1000Avi CohenFall

[ECON 1000] - Final Exam Guide - Comprehensive Notes for the exam (60 pages long!)

OC115421260 Page
29 Nov 2016
56
The choices that we make to fulfill our unlimited desires with the limited resources at hand. The production possibilities frontier (ppf = ppc [cour] =
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YORKECON 1000Gordana ColbyFall

ECON 1000- Final Exam Guide - Comprehensive Notes for the exam ( 54 pages long!)

OC232286154 Page
30 Nov 2017
0
Chapter 1: what is economics: all economic questions arise because we want more than we can get. (demand exceeds supply at. Price = 0: scarcity: inabil
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YORKECON 1000Xianghong LiFall

[ECON 1000] - Final Exam Guide - Comprehensive Notes fot the exam (39 pages long!)

OC134571139 Page
29 Mar 2017
0
Economics is both a social science and a toolkit for advising on policy decisions. As social scientists, economists seek to discover how the economic w
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YORKECON 1000Ardeshir NoordehFall

ECON 1000- Final Exam Guide - Comprehensive Notes for the exam ( 234 pages long!)

OC537488234 Page
29 Mar 2018
0
Monopoly and how it arises: a monopoly is a market, that produces a good or service for which no close substitute exists. In which there is one supplie
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YORKECON 1000Gordana ColbyFall

[ECON 1000] - Final Exam Guide - Ultimate 87 pages long Study Guide!

OC116110287 Page
30 Mar 2017
0
What is perfect competition: many rms sell identical products to many buyers, there are no restrictions to entry into the industry, established rms hav
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YORKECON 1000Simin SeuryFall

ECON 1000 Study Guide - Comprehensive Final Guide: Pareto Efficiency, Price Discrimination, Price Ceiling

OC50416148 Page
1 Dec 2016
182
Ch a p te r 8 : utility a n d de m a n d. Ch a p te r 9 : p o s s ib ilitie s , p re fe re n c e s , a n d ch o ic e s. Rm : is an institution that hir
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Study Guide - Midterm Guide: Natural Monopoly, Pearson Education, Marginal Product

OC261962241 Page
8 Nov 2019
0
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Study Guide - Midterm Guide: Association To Advance Collegiate Schools Of Business, Non-Renewable Resource, Pearson Education

OC261962237 Page
8 Nov 2019
0
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Study Guide - Midterm Guide: Perfect Competition, Market Price, Marginal Revenue

OC261962245 Page
8 Nov 2019
0
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Study Guide - Midterm Guide: Fixed Cost, Marginal Product, Variable Cost

OC261962245 Page
8 Nov 2019
0
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Study Guide - Midterm Guide: Pearson Education, Marginal Utility, Marginal Cost

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8 Nov 2019
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Study Guide - Midterm Guide: Private Good, Pearson Education, Natural Monopoly

OC261962228 Page
8 Nov 2019
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YORKECON 1000Jeff QuattrociocchiWinter

ECON 1000 Study Guide - Midterm Guide: Ceteris Paribus, Utility, Inferior Good

OC263366612 Page
7 Jul 2019
0
The price of a hamburger is and the price of a pizza is . Let muh be the marginal utility of hamburgers and mup be the marginal utility of pizzas. The
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YORKECON 1000Jeff QuattrociocchiWinter

ECON 1000 Study Guide - Final Guide: Natural Monopoly, European Route E6, Private Good

OC263366613 Page
7 Jul 2019
0
Use the figure below to answer the following question. This single-price monopoly produces ________ units per day and charges a price of per unit: 20;
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YORKECON 1000Jeff QuattrociocchiWinter

ECON 1000 Study Guide - Midterm Guide: Absolute Advantage, Opportunity Cost, Estonian Kroon

OC263366612 Page
7 Jul 2019
0
Choose the one alternative that best completes the statement or answers the question. Figure 2. 1. 1: refer to the production possibilities frontier in
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YORKECON 1000Avi CohenWinter

ECON 1000 Lecture Notes - Lecture 11: Pearson Education, Fixed Cost, Marginal Product

OC264453145 Page
1 Feb 2019
0
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YORKECON 1000TBAFall

ECON 1000 Study Guide - Final Guide: Allocative Efficiency, Market Power, Price Discrimination

@pennyramp178hotmail-com25 Page
5 Dec 2018
0
Cost is what you must give up: technology: development of creating goods in better ways, capital accumulation: the growth of capital resources includin
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YORKECON 1000TBAFall

ECON 1000 Lecture Notes - Lecture 13: Coase Theorem, Pigovian Tax, Marginal Cost

@pennyramp178hotmail-com4 Page
29 Nov 2018
0
*chapter 16: externalities: externality definition, negative externalities, positive externalities. An externality is a cost or benefit that arises fro
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YORKECON 1000TBAFall

ECON 1000 Lecture Notes - Lecture 12: Monopoly Profit, Natural Monopoly, Price Discrimination

@pennyramp178hotmail-com6 Page
22 Nov 2018
0
*chapter 13: monopoly: monopoly: market power, types of monopolies, monopoly price-setting strategies (i) (ii) One supplier of product with market powe
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YORKECON 1000TBAFall

ECON 1000 Lecture Notes - Lecture 11: Average Variable Cost, Average Cost, Marginal Cost

@pennyramp178hotmail-com7 Page
16 Nov 2018
0
Is the total output produced in a given period. Of an input is the change in total product that results from a one-unit increase in the quantity of thi
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YORKECON 1000TBAFall

ECON 1000 Lecture Notes - Lecture 10: Economic Efficiency, Moral Hazard, Adverse Selection

@pennyramp178hotmail-com4 Page
8 Nov 2018
0
The firm"s profit is limited by three features of the environment: Technology is any method of producing a good or service. Technological efficiency oc
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YORKECON 1000Shahed Kaiser KhanFall

ECON 1000 Study Guide - Fall 2018, Comprehensive Term Test Notes - New Zealand Labour Party, Marginal Utility, Graph Of A Function

@pennyramp178hotmail-com20 Page
5 Nov 2018
0
Economics has been known to be the study of mankind. Economics is used to accompy the scarce resources that satisfy humans wants and needs, and tells u
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YORKECON 1000TBAFall

ECON 1000 Lecture Notes - Lecture 9: Indifference Curve, Inferior Good, Normal Good

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1 Nov 2018
0
The shape of the indifference curves reveals the degree of substitutability between two goods. Has a marginal rate of substitution between the two good
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YORKECON 1000TBAFall

ECON 1000 Lecture Notes - Lecture 8: Marginal Utility, Utility, Consumer Choice

@pennyramp178hotmail-com3 Page
29 Oct 2018
0
*consumer choice: utility and demand: budget, preferences, choice. A household"s consumption possibilities are constrained by its budget and the prices
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YORKECON 1000TBAFall

ECON 1000 Lecture 6: Lecture Six

@pennyramp178hotmail-com3 Page
25 Oct 2018
0
*consumer choice: utility and demand: budget, preferences, choice. A household"s consumption possibilities are constrained by its budget and the prices
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YORKECON 1000Shahed Kaiser KhanFall

ECON 1000 Study Guide - Midterm Guide: Digital Goods, Global Warming, Human Capital

@pennyramp178hotmail-com17 Page
17 Oct 2018
0
Economics has been known to be the study of mankind. Economics is used to accompy the scarce resources that satisfy humans wants and needs, and tells u
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YORKECON 1000Shahed Kaiser KhanFall

ECON 1000 Lecture Notes - Lecture 5: Price Floor, Living Wage, Shortage

@pennyramp178hotmail-com3 Page
4 Oct 2018
0
Value is what we get, price is what we pay. The value of one more unit of a good or service is its marginal benefit. We measure value as the maximum pr
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YORKECON 1000Shahed Kaiser KhanFall

ECON 1000 Lecture Notes - Lecture 4: Normal Good, Inferior Good

@pennyramp178hotmail-com3 Page
27 Sep 2018
0
September 27th, 2018: cross elasticity of demand: The price elasticity of demand is a units-free measure of the responsiveness of the quantity demanded
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YORKECON 1000Shahed Kaiser KhanFall

ECON 1000 Lecture Notes - Fall 2018 Lecture 3 - W. M. Keck Observatory, Comparative advantage, Absolute advantage

@pennyramp178hotmail-com3 Page
20 Sep 2018
0
Economics can be defined as a social science. Marginal benefit: the benefit from pursuing an incremental increase in activity. Marginal cost: the oppor
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YORKECON 1000Shahed Kaiser KhanFall

ECON 1000 Lecture Notes - Lecture 2: Job Security, Capital Accumulation, Human Capital

@pennyramp178hotmail-com4 Page
13 Sep 2018
0
Is the social science that studies choices which individuals, businesses or governments make as they cope with scarcity and incentives and reconcile th
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YORKECON 1000Shahed Kaiser KhanFall

ECON 1000 Lecture Notes - Lecture 1: Digital Goods, Allocative Efficiency, Global Warming

@pennyramp178hotmail-com5 Page
6 Sep 2018
0
Economics has been known to be the study of mankind. Economics is used to accompy the scarce resources that satisfy humans wants and needs, and tells u
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YORKECON 1000Avi J CohenFall

ECON 1000 Lecture 12: (Cohen) - Chapter 8: Utility and Demand

OC23233563 Page
7 Nov 2018
0
Increase in consumption causes an increase in total. *tu increases at a decreasing rate so the curve eventually flattens. *the tu points are directly a
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YORKECON 1000Avi J CohenFall

ECON 1000 Lecture Notes - Lecture 3: Marginal Utility, Technological Change, Normal Good

OC23233569 Page
17 Sep 2018
0
Needs: basic, necessary, essential (food, clothing, shelter) Wants: feeling for something we lack, can live without it. Wants are unlimited: goods: tan
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YORKECON 1000Ardeshir NoordehFall

ECON 1000- Final Exam Guide - Comprehensive Notes for the exam ( 234 pages long!)

OC537488234 Page
29 Mar 2018
0
Monopoly and how it arises: a monopoly is a market, that produces a good or service for which no close substitute exists. In which there is one supplie
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Study Guide - Midterm Guide: Deadweight Loss, Technological Change, Demand Curve

OC53748881 Page
28 Feb 2018
0
The economic way of thinking: economics is divided into two main parts, microeconomics: is the study of choices that individuals and businesses make, t
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Study Guide - Final Guide: De Beers, Competitive Equilibrium, Thought Experiment

OC53748848 Page
28 Feb 2018
0
Monopoly and how it arises: a monopoly is a market, that produces a good or service for which no close substitute exists. In which there is one supplie
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Midterm: Fall 2017 Term Test 2 - Part 2 of 2

OC53748857 Page
28 Feb 2018
0
*section 1 only accounting and economic profits. To produce more output in the short run, the firm must employ more labour, which means that it must in
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Midterm: Fall 2017 Term Test 2 - Part 1 of 2

OC53748845 Page
28 Feb 2018
0
The choices you make as a buyer of goods and services is influenced by many factors, which economists summarize as: consumption possibilities, preferen
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Study Guide - Final Guide: Demand Curve, Allocative Efficiency, Normal-Form Game

OC53748832 Page
9 Dec 2015
403
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 21: Marginal Product, Externality, Fish Farming

OC5374884 Page
2 Dec 2015
51
Econ1000 lecture 21 chapter 16: externalities (pt. ii) Government action in the face of external benefits. There are 3 main devices that the government
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 20: Nash Equilibrium, Normal-Form Game, Oligopoly

OC5374884 Page
27 Nov 2015
58
Econ1000 lecture 20 chapter 15: oligopoly (pt. ii) Suppose that the two firms (gear and trick) enter into a collusive agreement. A collusive agreement
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 19: Price Discrimination, Oligopoly, Economic Surplus

OC5374882 Page
25 Nov 2015
67
Econ1000 lecture 19 chapter 13: monopoly (pt. ii) Price discrimination is the practice of selling different units of a good or service for different pr
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 18: Price Discrimination, Perfect Competition, Market Power

OC5374882 Page
20 Nov 2015
83
Econ1000 lecture 18 chapter 13: monopoly. Objectives: single-price monopoly, price-discriminating monopoly, determination of output and prices under mo
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 17: Perfect Competition, Competitive Equilibrium

OC5374882 Page
13 Nov 2015
70
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 16: Perfect Competition, Market Power, Marginal Cost

OC5374882 Page
11 Nov 2015
43
Econ1000 lecture 16 chapter 12: perfect competition. Objectives: define perfect competition, price and output determination in perfect competition, shu
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 15: Marginal Cost, Fixed Cost, Marginal Product

OC5374882 Page
6 Nov 2015
107
Econ1000 lecture 15 chapter 11: output and costs (pt. ii) The position of a firm"s cost curves depend on two factors: technology, prices of factors of
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 14: Diminishing Returns, Marginal Cost, Marginal Product

OC5374882 Page
4 Nov 2015
37
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 13: Opportunity Cost, Monopolistic Competition, Sole Proprietorship

OC5374882 Page
28 Oct 2015
56
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 12: Indifference Curve

OC5374882 Page
23 Oct 2015
55
Econ1000 lecture 12 chapter 9: possibilities, preferences, and choices (pt. ii) Price of pop = pp, and quantity of pop = qp. Price of a movie = pm, and
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 11: Demand Curve, Economic Surplus

OC5374883 Page
21 Oct 2015
36
Econ1000 lecture 11 chapter 8: utility and demand (pt. ii) The key assumption is that, given the budget (income) constraint, the household chooses the
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture 10: The Economic Problem

OC5374884 Page
14 Oct 2015
82
Econ1000 lecture 10 chapter 2: the economic problem. Increasing opportunity cost: the ppf and marginal cost, using resources efficiently, production ef
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 9: Demand Curve

OC5374882 Page
9 Oct 2015
68
Econ1000 lecture 9 chapter 8: utility and demand. The choices you make as a buyer of goods and services is influenced by many factors, which economists
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 8: Tax Incidence, Economic Surplus

OC5374882 Page
7 Oct 2015
42
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 2: Ebay, Opportunity Cost, Macroeconomics

OC5374883 Page
6 Oct 2015
76
A fundamental fact dominates our lives: we want more than we can get. Our inability to get everything we want is called scarcity. Not only does one par
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 7: Price Ceiling, Invisible Hand, Price Floor

OC5374883 Page
2 Oct 2015
66
Econ1000 lecture 7 efficiency and equity & government action in markets. The cost of one more unit of a good/service is its marginal cost, which we can
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 5: Demand Curve, Economic Equilibrium

OC5374882 Page
1 Oct 2015
51
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 6: Inferior Good, Normal Good

OC5374882 Page
1 Oct 2015
64
Econ1000 lecture 6 chapter 4: elasticity. Calculating price elasticity of demand (% change in quantity demanded / % change in price) x 100 = ____% Dema
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 4: Relative Price, Opportunity Cost, Economic Equilibrium

OC5374883 Page
29 Sep 2015
62
Econ1000 lecture 4 supply & demand. After this chapter you will be able to: Describe a competitive market and think about a price as an opportunity cos
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YORKECON 1000Ardeshir NoordehFall

ECON 1000 Lecture Notes - Lecture 3: Opportunity Cost, Microeconomics, Wart

OC5374882 Page
29 Sep 2015
68
Econ1000 lecture 3 the economic problem. In a given economy we have limited time (1 year) and resources we can change if it can be controlled (what we
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YORKECON 1000Gordana ColbyFall

ECON 1000 Lecture Notes - Lecture 12: Monopolistic Competition, Average Variable Cost, Pearson Education

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20 Oct 2017
0
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YORKECON 1000ForgotFall

ECON 1000 Lecture 10: ch15

OC17639112 Page
17 Oct 2015
106
Parkin/bade, economics: canada in the global environment, 8e: all games share four common features. They are: costs, prices, profit, and strategies, re
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YORKECON 1000Gordana ColbyFall

ECON 1000 Lecture Notes - Lecture 13: Pfizer, Marginal Cost, Pearson Education

OC223464941 Page
20 Oct 2017
0
13. 1 monopoly and how it arises: an exclusive right granted to a firm to supply a good or service is, a licence, a patent, a public franchise, the ess
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YORKECON 1000Gordana ColbyFall

ECON 1000 Lecture Notes - Lecture 11: Miller Lite, Nash Equilibrium, Pearson Education

OC223464934 Page
20 Oct 2017
0
15. 1 what is oligopoly: the market structure in which natural or legal barriers prevent the entry of new firms and a small number of firms compete is,
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YORKECON 1000Shahed Kaiser KhanFall

ECON 1000 Lecture Notes - Lecture 5: Price Floor, Living Wage, Shortage

@pennyramp178hotmail-com3 Page
4 Oct 2018
0
Value is what we get, price is what we pay. The value of one more unit of a good or service is its marginal benefit. We measure value as the maximum pr
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YORKECON 1000Shahed Kaiser KhanFall

ECON 1000 Lecture Notes - Lecture 1: Digital Goods, Allocative Efficiency, Global Warming

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0
Economics has been known to be the study of mankind. Economics is used to accompy the scarce resources that satisfy humans wants and needs, and tells u
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YORKECON 1000Gordana ColbyFall

ECON 1000 Lecture Notes - Lecture 14: Average Variable Cost, Average Cost, Pearson Education

OC223464945 Page
20 Oct 2017
0
12. 1 what is perfect competition: perfect competition occurs in a market where there are many firms, each selling, an identical product, a similar pro
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YORKECON 1000Shahed Kaiser KhanFall

ECON 1000 Lecture Notes - Lecture 4: Normal Good, Inferior Good

@pennyramp178hotmail-com3 Page
27 Sep 2018
0
September 27th, 2018: cross elasticity of demand: The price elasticity of demand is a units-free measure of the responsiveness of the quantity demanded
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YORKECON 1000Gordana Colby

ECON 1000 Lecture 10: Chapter 17

Muhammad Ali12 Page
26 Dec 2017
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Goods services, and resources di er in the extent to which people can be excluded from consuming them and the extent to which one person"s consumption
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YORKECON 1000TBAFall

ECON 1000 Lecture Notes - Lecture 11: Average Variable Cost, Average Cost, Marginal Cost

@pennyramp178hotmail-com7 Page
16 Nov 2018
0
Is the total output produced in a given period. Of an input is the change in total product that results from a one-unit increase in the quantity of thi
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YORKECON 1000Gordana ColbyFall

ECON 1000 Chapter Notes - Chapter 8-12: Marginal Utility, Utility, Economic Equilibrium

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YORKECON 1000Sam LanfrancoFall

ECON 1000 Chapter Notes - Chapter 13: Rogers Communications, Pearson Education, Natural Monopoly

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YORKECON 1000Sam LanfrancoFall

ECON 1000 Chapter Notes - Chapter 15: Monopolistic Competition, Pearson Education, Monopoly Profit

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15. 1 what is oligopoly: the market structure in which natural or legal barriers prevent the entry of new firms and a small number of firms compete is,
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YORKECON 1000Sam LanfrancoFall

ECON 1000 Chapter Notes - Chapter 11: Pearson Education, Sunk Costs, Starbucks

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YORKECON 1000Sam LanfrancoFall

ECON 1000 Chapter Notes - Chapter 6: Price Ceiling, Pearson Education, Demand Curve

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YORKECON 1000Sam LanfrancoFall

ECON 1000 Chapter Notes - Chapter Quiz: Ceteris Paribus, Pearson Education, Economic Surplus

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YORKECON 1000Sam LanfrancoFall

ECON 1000 Chapter Notes - Chapter Quiz: Pearson Education, Opportunity Cost, Celestica

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YORKECON 1000Sam LanfrancoFall

ECON 1000 Chapter Notes - Chapter Quiz: Pearson Education, Majority Rule, Externality

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YORKECON 1000Sam LanfrancoFall

ECON 1000 Chapter Notes - Chapter 9: Pearson Education, Real Income, Apple Community

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ECON 1000 Chapter Notes - Chapter Quiz: Pearson Education, Marginal Utility, Marginal Cost

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