Q explain the relationship between changes in

10. Q: Explain the relationship between changes in opportunity cost and changes in behavior.

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Jason Raines
Microeconomics (2600) 9:30 am
14. Q: Economists say that individuals make decisions at the margin. What does this mean?
21. Q: What is the difference between positive economics and normative economics? Between
microeconomics and macroeconomics?
Chapter 2
1. Q: Describe how each of the following would affect the U.S. PPF: (a) an increase in the number of
illegal immigrants entering the country, (b) a war takes place on U.S. soil, (c) the discovery of a new oil
field, (d) a decrease in the unemployment rate, and (e) a law that requires individuals to enter lines of
work for which they are not suited.