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Textbook Notes for ECO-2013 at Florida State University (FSU)

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FSUECO-2013Joseph CalhounSummer

ECO-2013 Chapter Notes - Chapter 1: Marginal Cost, Guideposts, Marginal Utility

OC1678994 Page
11 Sep 2013
33
The importance of adam smith, the father of economic science: foundation: originated in 1776 w/ smith"s publication of an inquiry into the. What is eco
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FSUECO-2013Joseph CalhounFall

ECO-2013 Chapter Notes - Chapter 3: Economic Efficiency, Invisible Hand, Economic Equilibrium

OC1678994 Page
1 Oct 2013
34
Chapter 3: supply, demand, and the market process. Consumer choice and the law of demand: law of demand- a principle that states there is an inverse re
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FSUECO-2013Joseph CalhounFall

ECO-2013 Chapter Notes - Chapter 2: Berry College, Ebay, Opportunity Cost

OC1678993 Page
11 Sep 2013
29
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FSUECO-2013Joseph CalhounSummer

ECO-2013 Chapter Notes -Fallacy, Opportunity Cost

OC2800272 Page
22 May 2014
30
Scarcity = there is less of a good freely available from nature than people. Choice = the act of selecting among alternatives. Making choices means we
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FSUECO-2013Joseph CalhounFall

ECO-2013 Chapter Notes - Chapter 7: Creative Destruction, Barter, Gdp Deflator

OC1678997 Page
4 Oct 2013
44
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