Q explain the relationship between changes in

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10. Q: Explain the relationship between changes in opportunity cost and changes in behavior.
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Chapter 3 / Exercise 20
Microeconomics
Arnold
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Page2of7Jason RainesMicroeconomics (2600) 9:30 am14. 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? Betweenmicroeconomics and macroeconomics?
Chapter 21. Q: Describe how each of the following would affect the U.S. PPF: (a) an increase in the number ofillegal immigrants entering the country, (b) a war takes place on U.S. soil, (c) the discovery of a new oilfield, (d) a decrease in the unemployment rate, and (e) a law that requires individuals to enter lines ofwork for which they are not suited.

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Microeconomics
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Chapter 3 / Exercise 20
Microeconomics
Arnold
Expert Verified

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