Econ Discussion 8.31.10

Econ Discussion 8.31.10 - Inputs: Land (raw materials),...

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Econ Discussion 8/31/10 Opportunity Cost Production Possibility Frontier Scarcity Point of inefficiency (on production possibility frontier)
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Unformatted text preview: Inputs: Land (raw materials), Labor (human), Capital (Tools) Diminishing Marginal Returns...
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This note was uploaded on 02/24/2011 for the course ECON ECON 201 taught by Professor Elzinga during the Spring '09 term at UVA.

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