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All Educational Materials for 01:220:102 at Rutgers University

RUTGERS01:220:102Daijiro OkadaFall

[01:220:102] - Final Exam Guide - Comprehensive Notes for the exam (40 pages long!)

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29 Nov 2016
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RUTGERS01:220:102ElgawlyFall

[01:220:102] - Final Exam Guide - Ultimate 40 pages long Study Guide!

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29 Nov 2016
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RUTGERS01:220:102J A C K SkydelFall

01:220:102- Final Exam Guide - Comprehensive Notes for the exam ( 36 pages long!)

36 Page
29 Mar 2018
Increasing marginal returns occur when the marginal product of an additional worker exceeds the marginal product of the previous worker. Occurs when a
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RUTGERS01:220:102Alexandre HohmannSpring

[01:220:102] - Final Exam Guide - Everything you need to know! (29 pages long)

29 Page
29 Mar 2017
Economy: system for coordinating productive activities that create the goods and services people want and get them to the people who want them. Economi
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RUTGERS01:220:102W O N H Y U N G LeeFall

01:220:102- Final Exam Guide - Comprehensive Notes for the exam ( 23 pages long!)

23 Page
30 Nov 2017
Understanding the principles of how individuals make choices. Understanding how economies work through the interaction of individual choices. A set of
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RUTGERS01:220:102ElgawlyFall

01:220:102 Study Guide - Comprehensive Final Guide: Determinant, Coffee Bean, Solyndra

37 Page
1 Dec 2016
Economics (okionomia in greek) = household management/management of affairs. Economics = science concerned with aspects of social behaviors and institu
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RUTGERS01:220:102Alex HohmannFall

[01:220:102] - Final Exam Guide - Ultimate 70 pages long Study Guide!

70 Page
29 Nov 2016
Individual choice - is the decision by an individual of what to do, which necessarily involves a decision of what not to do. Resource - anything that c
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RUTGERS01:220:102J.SkydelSpring

01:220:102- Final Exam Guide - Comprehensive Notes for the exam ( 30 pages long!)

30 Page
29 Mar 2018
Earth, when we should be making choices in the social interest. Positive: normative statements: statements about what ought to be, positive statements:
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Study Guide - Comprehensive Final Guide: Cash Register, Pre-Medical, Out Of Line Music

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1 Dec 2016
Economics: principle 1: choices are necessary because resources are. Scare: a resource is anything that can be used to produce something, a resource is
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RUTGERS01:220:102Alex HohmannFall

[01:220:102] - Final Exam Guide - Comprehensive Notes fot the exam (22 pages long!)

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29 Mar 2017
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RUTGERS01:220:102AllFall

01:220:102 Study Guide - Midterm Guide: Autarky, North American Free Trade Agreement, Oligopoly

41 Page
15 Oct 2018
Tc = fc + vc: physical capital, total cost, pooling, total product curve, the change in utility from consuming an additional unit. Market power: financ
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RUTGERS01:220:102AllFall

01:220:102 Study Guide - Quiz Guide: Long Term Ecological Research Network, Oligopoly, Rationality

29 Page
15 Oct 2018
94 multiple choice questions: customer is required to buy one product only if the customer also buys a second product. Supply inelastic (e. g. skilled
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RUTGERS01:220:102AllFall

01:220:102 Study Guide - Midterm Guide: Diminishing Returns, Economic Surplus, Music Download

23 Page
15 Oct 2018
Name: ___________________________________ date: _____________: suppose the marginal cost curve in the short run first decreases, then reaches a minimum
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RUTGERS01:220:102AllFall

01:220:102 Study Guide - Midterm Guide: Fixed Cost, Consumer Choice, Demand Curve

21 Page
15 Oct 2018
Use the following to answer question 1: (total product and marginal product) look at the table total product and marginal. The marginal product of the
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RUTGERS01:220:102AllFall

01:220:102 Study Guide - Midterm Guide: Demand Curve, Household Income, Inferior Good

21 Page
15 Oct 2018
Name: ___________________________________ date: _____________: sarah"s autoshop reports that their marginal cost, no matter their level of production,
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RUTGERS01:220:102AllFall

01:220:102 Study Guide - Midterm Guide: Economic Surplus, Deadweight Loss, Tax Rate

22 Page
15 Oct 2018
1: (figure: the market for yachts) look at the figure the market for yachts. Use the following to answer question 5: (total product and marginal produc
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RUTGERS01:220:102AllFall

01:220:102 Study Guide - Midterm Guide: French Wine, Midpoint Method, Economic Equilibrium

6 Page
15 Oct 2018
Intro micro midterm 1___________________ date: oct. 7, 2014_________ In one hour, japan can produce 30 tons of steel or 275 automobiles. Page 1: french
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RUTGERS01:220:102AllFall

01:220:102 Study Guide - Midterm Guide: Peanut Butter, Economic Surplus, Margarine

19 Page
15 Oct 2018
Name: ___________________________________ date: _____________: an attorney supplies 40 hours of work per week when her fee is per hour but supplies 60
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RUTGERS01:220:102AllFall

01:220:102 Study Guide - Midterm Guide: Diminishing Returns, Normal Good, Variable Cost

28 Page
15 Oct 2018
Derived from many srac: shutdown point, market share, long run average cost, long run, amount of additional utility received given the price of the pro
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RUTGERSSummer

33:799:301 Study Guide - Quiz Guide: Vendor-Managed Inventory, Strategic Sourcing, E-Procurement

1 Page
11 May 2020
The concept of distributive negotiations refer to both sides working together to create win-win result or positive outcome for both parties. Rationaliz
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 27: Externality, Market Failure, Lection

3 Page
6 Dec 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 26: Abstract Window Toolkit, Import Quota

3 Page
6 Dec 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 25: Economic Equilibrium

3 Page
6 Dec 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 21: Allocative Efficiency, Monopolistic Competition, Productive Efficiency

2 Page
15 Nov 2018
Productive efficiency- the equality of price and minimum atc yields productive efficiency. Allocative efficiency - the equality of price and mc yields
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 20: Tacit Collusion, Nash Equilibrium, Oligopoly

OC25511033 Page
10 Nov 2018
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A decision rule that describes actions a player will take. Representation of a game indicating the players, their strategies, and the payoffs resulting
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 19: Oligopoly, Marginal Cost, Product Differentiation

3 Page
8 Nov 2018
Monopolies are not permanently protected from forces of entry and imitation. The main difference between a competitive firm and a monopoly is the lengt
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 1: Profit Motive, Opportunity Cost, The Incentive

2 Page
12 Oct 2018
Economics - comes from the greek word "okionomia", which roughly translates to "household management" Economics is a social science, which is analyzes
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 21: Allocative Efficiency, Monopolistic Competition, Productive Efficiency

2 Page
15 Nov 2018
Productive efficiency- the equality of price and minimum atc yields productive efficiency. Allocative efficiency - the equality of price and mc yields
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 27: Externality, Market Failure, Lection

3 Page
6 Dec 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture 14: ECON 102 Lecture 14 - Decision Making by Individuals and Firms

3 Page
19 Oct 2018
Econ 102 lecture 14 - decision making by individuals and firms. Explicit cost is a cost that occurs, is easily identified, and is accounted for in busi
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 4: Demand Curve, The Graphic, Economic Equilibrium

3 Page
18 Oct 2018
Econ 102 lecture 4 - supply and demand. A competitive market has many buyers and sellers of the same good or service, none of whom can influence the pr
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 25: Economic Equilibrium

3 Page
6 Dec 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 26: Abstract Window Toolkit, Import Quota

3 Page
6 Dec 2018
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 10: Sales Tax, Tax Bracket, Payroll Tax

3 Page
5 Oct 2018
Progressive - income rises, so do average tax rates. Regressive - income rises, average tax declines. Proportional - income rises, average tax stays th
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RUTGERS01:220:102goldbandFall

01:220:102 Lecture Notes - Lecture 17: Average Variable Cost, Perfect Competition, Fixed Cost

2 Page
30 Oct 2018
We use economic profits, which includes implicit costs. It is normal for a firm"s economic fromit to be zero. If tr > tc, the firm is profitable. If tr
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RUTGERS01:220:102ElgawlyFall

01:220:102 Lecture Notes - Lecture 19: Oligopoly, Marginal Cost, Product Differentiation

3 Page
8 Nov 2018
Monopolies are not permanently protected from forces of entry and imitation. The main difference between a competitive firm and a monopoly is the lengt
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RUTGERS01:220:102HohmannFall

01:220:102 Chapter 5: ch 5 pg 4

1 Page
5 Oct 2018
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RUTGERS01:220:102HohmannFall

01:220:102 Chapter 7: ch 7 pg 1

1 Page
5 Oct 2018
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RUTGERS01:220:102HohmannFall

01:220:102 Chapter 5: ch 5 pg 1

1 Page
5 Oct 2018
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RUTGERS01:220:102HohmannFall

01:220:102 Chapter 3: Chapter 3 Supply an Demand pg 3

1 Page
5 Oct 2018
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RUTGERS01:220:102HohmannFall

01:220:102 Chapter 4: Chapter 4 Consumer and Producer Surplus pg 1

1 Page
5 Oct 2018
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RUTGERS01:220:102HohmannFall

01:220:102 Chapter 4: Chapter 4 Consumer and Producer Surplus pg 3

1 Page
5 Oct 2018
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RUTGERS01:220:102HohmannFall

01:220:102 Chapter 6: ch 6 pg 3

1 Page
5 Oct 2018
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RUTGERS01:220:102HohmannFall

01:220:102 Chapter 3: Chapter 3 Supply an Demand pg 4

1 Page
5 Oct 2018
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RUTGERS01:220:102HohmannFall

01:220:102 Chapter 7: ch 7 pg 3

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5 Oct 2018
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RUTGERS01:220:102HohmannFall

01:220:102 Chapter 6: ch 6 pg 4

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5 Oct 2018
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RUTGERS01:220:102Alex HohmannFall

[01:220:102] - Midterm Exam Guide - Everything you need to know! (36 pages long)

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Economics: principle 1: choices are necessary because resources are. Scare: a resource is anything that can be used to produce something, a resource is
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01:220:102 Lecture Notes - Lecture 21: Allocative Efficiency, Monopolistic Competition, Productive Efficiency

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RUTGERS01:220:102Daijiro OkadaFall

[01:220:102] - Final Exam Guide - Comprehensive Notes for the exam (40 pages long!)

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[01:220:102] - Midterm Exam Guide - Comprehensive Notes for the exam (40 pages long!)

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