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Intro to Microeconomics - Exam 2

This class was created by Brainscape user Jodene Hager. Visit their profile to learn more about the creator.

By: Jodene Hager
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Decks in this class (5)

Handout 4
1 minimum wage laws dictate the l...,
A price ceiling is a legal minimu...,
A price ceiling set below the equ...
62  cards
Handout 5
A firm s total profit equals its ...,
Profit equals total revenue minus...,
The difference between economic p...
43  cards
Handout 6
What are opportunity costs how do...,
A key difference between accounta...,
The production function depicts a...
10  cards
Quiz IV
Which of the following statements...,
Katherine gives piano lessons for...,
For a firm the relationship betwe...
20  cards
Quiz III
Suppose the equilibrium price of ...,
In response to a shortage caused ...,
The price ceiling a is binding b ...
19  cards

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Intro to Microeconomics - Exam 2

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