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Textbook Notes for Alex Hohmann

RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter Notes - Chapter 3: Demand Curve, Intelius

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3 Oct 2016
5
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter Notes - Chapter 13: Monopolistic Competition, Perfect Competition, Natural Monopoly

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8 Sep 2016
1
Monopoly - a single producer sells a single, undifferentiated product. Oligopoly - a few producers more than one but not a large number sell products t
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter 10: micro chapter 10

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25 Jan 2017
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter Notes - Chapter 4: Economic Surplus

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3 Oct 2016
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter 9: Chapter 9

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1 Dec 2016
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter 6: Chapter 6

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29 Sep 2016
2
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter Notes - Chapter 1: Opportunity Cost, Market Failure

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8 Sep 2016
0
Individual choice - is the decision by an individual of what to do, which necessarily involves a decision of what not to do. Resource - anything that c
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter 6: Chapter 6

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29 Sep 2016
4
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter Notes - Chapter 11: Average Cost, Average Variable Cost, Marginal Cost

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8 Sep 2016
13
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter Notes - Chapter 9: Marginal Utility, Marginal Cost, Opportunity Cost

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8 Sep 2016
1
Intro to microeconomics 9. 1 costs, benefits, and profits. Explicit cost - a cost that requires an outlay of money. Implicit cost - does not require an
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter Notes - Chapter 7: Excise, Tax Wedge, Proportional Tax

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8 Sep 2016
1
Intro to microeconomics: 7. 1 the economics of taxes: a preliminary view. Excise tax - a tax on sales of a good or service pre-tax (before the tax is l
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RUTGERS01:220:102Alex HohmannFall

01:220:102 Chapter Notes - Chapter 12: Average Variable Cost, Perfect Competition, Taipei Metro

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8 Sep 2016
0
Price-taking producer - a producer whose actions have no effect on the market price of the good or service it sells. Price-taking consumer - a consumer
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