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Ten Principles of Economics - Part 1: Scarcity and Resource Allocation

Ten Principles of Economics - Part 1: Scarcity and Resource Allocation

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Examples of Opportunity Cost

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Examples of Opportunity Cost

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Classroom Contents

Ten Principles of Economics - Part 1: Scarcity and Resource Allocation

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  1. 1 Introduction
  2. 2 Scarcity
  3. 3 Face Tradeoffs
  4. 4 Efficiency and Equality
  5. 5 Opportunity Cost
  6. 6 Examples of Opportunity Cost

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