Class Notes (1,100,000)
CA (620,000)
UTSG (50,000)
ECO (1,000)
ECO101H1 (600)
Lecture 1

ECO101H1 Lecture Notes - Lecture 1: Sunk Costs, Opportunity Cost, Marginal Cost


Department
Economics
Course Code
ECO101H1
Professor
James Pesando
Lecture
1

This preview shows page 1. to view the full 5 pages of the document.






 !

" !#
  $#
 !
"#$!
% !!
 &
 $
%%  #
% '!'(
#&"#'
 %)*+,-.*+,/ /
'',-.
 & (01
2+!3!(
(!$!$)!'
%44'(
%%* #'
2$
&'5
+,+36'3(7'
6288-
#&"#'
- +!3!!(
.- $9'3  
:(
&9'2
( +0'; !4<3
%8!24=3
24<3
%24=3
( +0' !;3 !'
%8!24=3
24
%24=3
(!#26'
;30'96'(
;7!3!!(
>?9'2
@24=3
You're Reading a Preview

Unlock to view full version

Only page 1 are available for preview. Some parts have been intentionally blurred.


@24A=3
@<24=3
+4=34=33@< 9'
  !4<3(
$0
+,./93 4=(7-
20'
+0' !4B3C4=D
4BC4<(
+,//3 4=(/0' !3
'4=(
'C4=D4=C4A=
+,0/3 4=(/ !3 '4=(
/ '3 '43!3 '4=(7
-
'%94A=(/0'!
!3 '4=(/' 
'(
+,1+=39 4=(
+B3' 4(
%3 4A=(
+! 30'3 -
'4A=(7= ' B'(
+,2/9 4(/'4(/0
' '4= 4(7
-
'4=(E4D4=;4C4=F(
+44=3 (&
'!(
$&G
H%! 0>H'
#G


#'

#G
""!)!!3 4"!* 5! !#6!!# %%  #7
& '!0'(
&G&%(
2GI&&+J  '3
! ?! !(
(* 8!# 5&
6!'?0(
#&"#
( +
( +!
You're Reading a Preview

Unlock to view full version