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Semester
Class Notes (1,017,790)
CA (584,843)
WLU (20,792)
EC (1,690)
EC120 (626)

Class Notes for EC120 at Wilfrid Laurier University

Introduction to Microeconomics

EC120 Lecture Notes - Lecture 24: Economic Surplus, Deadweight Loss
24HR
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Law of one price; - Law of one price: Goods that are easy to...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 23: Absolute Advantage, Factor Endowment, Comparative Advantage
24HR
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Gains from trade arise if: - Opportnity costs differ between countr...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 22: Club Good, Allocative Efficiency, Adverse Selection
24HR
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Club Goods: - Goods tend to be publicly provided if they - Are non-...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 16: Monopolistic Competition, Price Discrimination, Marginal Revenue
24HR
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Chapter 10 - Monopoly, Cartels, and Price Discrimination 10.1 A Si...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 21: Real Interest Rate, Nominal Interest Rate, Consumption Smoothing
24HR
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Present Value: - Present value of MRP one period from now - PV=MRP(...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 20: Monopsony, Sunk Costs, Outsourcing
24HR
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Profit maximizing factor use for a monopsonist: (P=$2) L ...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 19: Marginal Revenue, Profit Maximization, Takers
24HR
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Marginal Revenue Product, Marginal Factor Cost: - Marginal R...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 16: Deadweight Loss, Economic Surplus, Allocative Efficiency
24HR
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Producer, Consumer & Economic surplus: - Consumer surplus is...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 15: Strategic Dominance, Monopolistic Competition, Nash Equilibrium
24HR
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Price Discrimination with Numbers: Workers ...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 14: Competitive Equilibrium, Profit Maximization, Economic Surplus
24HR
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(example from previous lecture): Profit maximization and long-run ...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 13: Marginal Revenue, Competitive Equilibrium, Takers
24HR
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Chapter 9: Competitive Markets Revenue and Elasticity Total Revenue...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 12: Tangent, Marginal Product, Production Function
24HR
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Long-run Cost Minimization (choose K and L): - Technical effi...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 11: Average Variable Cost, Marginal Cost, Diminishing Returns
24HR
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Economic Profits: - Opportunity costs of inputs include ...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 8: West Bank Areas In The Oslo Ii Accord, Economic Equilibrium, Price Floor
24HR
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fIGure out what PxQ means Exam Review: Opportunity cost is not a r...

Economics
EC120
Steffen Ziss
EC120 Lecture Notes - Lecture 7: Demand Curve, Indifference Curve
24HR
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Indifference Curves: - Set of bundles that yield equal satis...

Economics
EC120
Steffen Ziss
Permachart - Marketing Reference Guide: Net Asset Value, Mutual Fund, U.S. Securities And Exchange Commission

l e a r n • r e f e r e n c e • r e v i e w permacharts TM ...

Biology
BIOL2721
All Professors
Macroeconomics - Reference Guides

Take a look at the big picture. This chart covers national income a...

Business and Political Economy Program
BPEP-UB 2
All Professors
Permachart - Marketing Reference Guide: Marginal Revenue, Profit Maximization, Marginal Cost

l e a r n • r e f e r e n c e • r e v i e w permacharts TM ...

E-Business Marketing
ECN 102
All Professors
LAW
LAW 356
All Professors

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