CAS EC 101 Lecture 7: Idson EC101 Lecture 7

CAS EC 101 Lecture 10: econ page 2

CAS EC 101 Lecture 10: econ page 1

CAS EC 101 Lecture 10: econ page 3

CAS EC 101 Lecture 10: econ page 4

CAS EC 101 Lecture Notes - Lecture 12: Fair Labor Standards Act, Price Floor, Ice Cream

Some sellers are unable to sell what they want. Example: equilibrium price of ice cream = . Price floor of  - binding, need to increase price. Minimum 

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The first semester of a standard two-semester sequence for those considering further work in management or economics. Coverage includes economics of households, business firms, and markets; consumer behavior and the demand for commodities; production, costs, and the supply of commodities; price determination; competition and monopoly; efficiency of resource allocation; governmental regulation; income distribution; and poverty. Carries social science divisional credit in CAS.

Introductory Microeconomic Analysis

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