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Textbook Notes for Jonathan Lamb

BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter 6: Chapter 6 notes

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3 Mar 2019
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BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter Notes - Chapter 11: Sunk Costs, Fixed Cost, The Takeaway

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4 Apr 2019
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BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter Notes - Chapter 5: The Takeaway, Price Elasticity Of Demand

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3 Mar 2019
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BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter 7: Chapter 7 Notes

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3 Mar 2019
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A price is a signal wrapped up in an incentive. Great economic problem: to arrange our scarce resources to satisfy as many of our wants as possible. Sp
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BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter Notes - Chapter 1-2: Opportunity Cost, Comparative Advantage

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29 Jan 2019
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Scarce: a resource is scarce when there isn t enough to satisfy all of our wants. Great economic plan: how to arrange our scarce resources to satisfy a
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BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter 3: Chapter 3 Econ

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29 Jan 2019
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Demand curve: a function that shows the quantity demanded at different prices. Quantity demanded: the quantity that buyers are willing and able to buy
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BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter Notes - Chapter 13: Deadweight Loss, Marginal Revenue, Market Power

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4 Apr 2019
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How a firm uses market power to maximize profits. The benefits of monopoly: incentives for research and development. Market power: the power to raise p
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BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter 8: Chapter 8 notes

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3 Mar 2019
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BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter Notes - Chapter 17: Cost Accounting, Marginal Cost

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15 Mar 2019
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BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter Notes - Chapter 16: Opportunity Cost

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15 Mar 2019
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This is a business class, so lets use what we have learned and start applying it to business. We learned greed is good at least in the movie. Video of
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BALL STATEECON 201Jonathan LambSpring

ECON 201 Chapter 4: Chapter 4 ECON

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29 Jan 2019
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