BU204_Echevarria_Ariel_1 - an activity versus doing a...

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Echevarria, Ariel, R. BU204 Unit 1 16 Nov 2010 Trade Offs – A comparison of costs and benefits Opportunity Costs – The real cost of an item Marginal Analysis – The study of comparing the costs and benefits of doing a little bit more of
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Unformatted text preview: an activity versus doing a little bit less. Market Equilibrium Government interventions Unintended Consequences...
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