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Class Notes (1,044,409)
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ECON 101 (202)

Class Notes for ECON 101 at University of British Columbia (page 5)

Principles of Microeconomics

ECON 101 Lecture 6: ECON101 L6
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Economics
ECON 101
Cheryl FU
Economics
ECON 101
Anichul Khan
Economics
ECON 101
Anichul Khan
Economics
ECON 101
Anichul Khan
ECON 101 Lecture Notes - Lecture 31: Economic Equilibrium, Perfect Competition
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ECON 101 Lecture 31 Discrimination Econ Cont Continued Discrimination from Last Lecture: In general, firms that do not discriminate are better off. This is because as seen in the diagrams in the lecture notes, the equilibr...

Economics
ECON 101
Marina Adshade
ECON 101 Lecture Notes - Lecture 30: Critical Role, Marginal Product, W. M. Keck Observatory
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ECON 101 Lecture 30 Changes in the Labour Market and Discrimination Economics Changes in Capital: Changes in technology plays a critical role in the labour market. This is because as technology improves, the marginal produ...

Economics
ECON 101
Marina Adshade
ECON 101 Lecture Notes - Lecture 29: Production Function, Perfect Competition, Demand Curve
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ECON 101 Lecture 29 Factors of Production The Four Factors of Production: 1.Labour paid in wages. 2.Capital paid in interest 3.Land paid in rent. 4.and lastly, the one that is sometimes left out: Entrepreneurship paid in p...

Economics
ECON 101
Marina Adshade
ECON 101 Lecture Notes - Lecture 28: Perfect Competition, Economic Surplus, Nash Equilibrium
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ECON 101 Lecture 28 Review of Midterm Materials Review from Perfect Competition: How long run supply curves are impacted by economies and diseconomies of scale: Firstly, the rule is: Economics of scale create downward slop...

Economics
ECON 101
Marina Adshade

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