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Survey of Natural Resource Economics

FARE 2700 Study Guide - Final Guide: Pareto Efficiency, Economic Surplus, Marginal Utility

12152015 Unit 2: Positive economics: what is, what was or what will be. Facts Normative economics: ought to be Value judgments (guidance) Static efficiency: an allocation of resources where economic surplus derived from th...

Food, Agricultural and Resource Economics
FARE 2700
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