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Microeconomics: An Intuitive Approach (with and without Calculus)
1. One of the aims of positive economics is to rank policies under consideration from most desirable to
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Microeconomics: Theory and Applications with Calculus, 2e (Perloff)
Chapter 1 Introduction
1.1 Microeconomics: The Allocation of Scarce Resources
1) Microeconomics studies the allocation of
A) decision makers.
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True / False
1. Both parties gain in a voluntary exchange.
DISC: Scarcity, tradeoffs, and o - DISC: Scarcity, tradeoffs, and opportu