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JMUECON 201kyleo' DonnellFall

ECON 201 Chapter Notes - Chapter 13: Market Power, Marginal Cost

OC5263711 Page
17 Nov 2015
42
Hiv medicine: market power, the you can"t take it with you effect, the other people"s money effect. Market power: the power to raise the price above ma
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JMUECON 201kyleo' DonnellFall

ECON 201 Chapter Notes - Chapter 9: Comparative Advantage

OC5263711 Page
4 Nov 2015
41
Trade is beneficial because: trade makes people better off when preferences differ, trade increases productivity through specialization & the division
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JMUECON 201kyleo' DonnellFall

ECON 201 Chapter 20: ch. 20 (textbook)

OC5263711 Page
13 Dec 2015
54
Positive economics: describing, explaining, or predicting economic events. Normative economics: is recommendations or arguments about what economic pol
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JMUECON 201kyleo' DonnellFall

ECON 201 Chapter Notes - Chapter 10: Economic Surplus, Cost, Economic Equilibrium

OC5263711 Page
17 Nov 2015
40
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JMUECON 201kyleo' DonnellFall

ECON 201 Chapter Notes - Chapter 12: Marginal Cost

OC5263711 Page
15 Nov 2015
26
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