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Textbook Notes for Dr Richard Fritz

GEORGIA TECHECON 2105Dr Richard FritzWinter

ECON 2105 Chapter Notes - Chapter 2: Washing Machine, Absolute Advantage, Negative Number

Maryam Rostampour4 Page
2 Feb 2017
1
When variables are related this way that is, when an increase in one variable is associated with an increase in the other variable the variables are sa
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GEORGIA TECHECON 2105Dr Richard FritzWinter

ECON 2105 Chapter Notes - Chapter 5: Autarky, Economic Surplus, Demand Curve

Maryam Rostampour6 Page
2 Feb 2017
0
Goods and services purchased from other countries are imports; goods and services sold to other countries are exports. Globalization is the phenomenon
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GEORGIA TECHECON 2105Dr Richard FritzWinter

ECON 2105 Chapter Notes - Chapter 3: Demand Curve, Economic Equilibrium, Inferior Good

Maryam Rostampour7 Page
2 Feb 2017
3
Chapter 3 the key feature of a competitive market is that no individual"s actions have a noticeable effect on the price at which the good or service is
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