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ECON 103 (77)

Textbook Notes for ECON 103 at Simon Fraser University

Principles of Microeconomics

ECON 103 Chapter 9: chp9
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Economics
ECON 103
Doug Allen
Economics
ECON 103
Doug Allen
Economics
ECON 103
Doug Allen
Economics
ECON 103
Doug Allen
Economics
ECON 103
Doug Allen
Economics
ECON 103
Doug Allen
Economics
ECON 103
Doug Allen
Economics
ECON 103
Doug Allen
ECON 103 Chapter Notes - Chapter 5: Root Mean Square, Natural Disaster, Deadweight Loss

Saturday, January 27, 2018 Economics Chapter 5 Subject In a free market the equilibrium prices depend the quantity demanded with the quantity supplied. Government price controls are polices that attempt to hold the price ...

Economics
ECON 103
Neil Roberts
ECON 103 Chapter Notes - Chapter 9: Demand Curve, Marginal Cost, Competitive Equilibrium

Saturday, March 10, 2018 Chapter 9 Economics Review Subject The term market structure refers to all the features that may affect the behaviour and performance of the rms in a market, such as the number of rms or the type ...

Economics
ECON 103
Neil Roberts
ECON 103 Chapter Notes - Chapter 8: Technological Change, Diminishing Returns, Production Function

Friday, March 9, 2018 Economics Chapter 8 Review Subject Thus rms in the long run must choose the type and amount of plant and equipment and the size of the labour force. Technical Efciency: When a given number of inputs...

Economics
ECON 103
Neil Roberts
ECON 103 Chapter Notes - Chapter 6: Conspicuous Consumption, Demand Curve, Giffen Good

Sunday, March 11, 2018 Economics Chapter 6 Review Subject Utility: The satisfaction that a consumer receives from consuming some good or service. Total Utility: The consumers total satisfaction resulting from the consump...

Economics
ECON 103
Neil Roberts
ECON 103 Chapter Notes - Chapter 7: Retained Earnings, Risk Premium, Fixed Cost

Wednesday, March 7, 2018 Economics Chapter 7 Review Subject 7.1 Organization of Firms Single Proprietorship: Has one ownermanager who is personally responsible for the rms actions and debts. He is responsible for all asp...

Economics
ECON 103
Neil Roberts
ECON 103 Chapter Notes - Chapter 2: Marginal Utility, Economic Model, Optimism

Chapter 2: Maximization (Pgs. 21-43) Introduction - For economists, there is only one source of motivation: greed o They call it self-love maximization o Individuals are just trying to do...

Economics
ECON 103
Douglas Allen
ECON 103 Chapter Notes - Chapter 8: Neuroeconomics, Bounded Rationality, Behavioral Economics
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1. Ch. 8 – Utility and Demand Consumption Choices: the choices you make as a buyer of goods and services 1. Consumption Possibilities: all the thing syou can afford to buy 2. Budget Line: the boundary betw...

Economics
ECON 103
Marie Rekkas

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