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Microeconomics: Unit 1&2

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 Microeconomics: Unit 1&2
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Kiana Volkmann

@kianavolkmann_ihfc

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Notes on: scarcity, opportunity, costs, production, comparative/absolute advantage, economic systems, product possibilities curves, cost benefit analysis, marginal analysis, consumer choice, supply and demand, elasticity, and international trade

5/19/2023

187

Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist
Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

View

Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

View

Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

View

Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

View

Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

View

Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

View

Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

View

Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

View

Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

View

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Knowunity is the # 1 ranked education app in five European countries

Knowunity was a featured story by Apple and has consistently topped the app store charts within the education category in Germany, Italy, Poland, Switzerland and United Kingdom. Join Knowunity today and help millions of students around the world.

Ranked #1 Education App

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Knowunity is the # 1 ranked education app in five European countries

4.9+

Average App Rating

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Students use Knowunity

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In Education App Charts in 12 Countries

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Students uploaded study notes

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iOS User

I love this app so much [...] I recommend Knowunity to everyone!!! I went from a C to an A with it :D

Stefan S, iOS User

The application is very simple and well designed. So far I have found what I was looking for :D

SuSSan, iOS User

Love this App ❤️, I use it basically all the time whenever I'm studying

Microeconomics: Unit 1&2

user profile picture

Kiana Volkmann

@kianavolkmann_ihfc

·

12 Followers

Follow

Notes on: scarcity, opportunity, costs, production, comparative/absolute advantage, economic systems, product possibilities curves, cost benefit analysis, marginal analysis, consumer choice, supply and demand, elasticity, and international trade

5/19/2023

187

 

11th/12th

 

Macroeconomics

18

Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

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Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

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Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

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Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

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Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

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Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

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Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

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Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

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Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

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Unit 1.1: Scarcity, Opportunity Cost, Production, PPC
Scarcity Limited resources, Limitless want
ex. phones, coal, water, gas
Terms of exist

Sign up to see the content. It's free!

Access to all documents

Join milions of students

Improve your grades

By signing up you accept Terms of Service and Privacy Policy

Can't find what you're looking for? Explore other subjects.

Knowunity is the # 1 ranked education app in five European countries

Knowunity was a featured story by Apple and has consistently topped the app store charts within the education category in Germany, Italy, Poland, Switzerland and United Kingdom. Join Knowunity today and help millions of students around the world.

Ranked #1 Education App

Download in

Google Play

Download in

App Store

Knowunity is the # 1 ranked education app in five European countries

4.9+

Average App Rating

13 M

Students use Knowunity

#1

In Education App Charts in 12 Countries

950 K+

Students uploaded study notes

Still not sure? Look at what your fellow peers are saying...

iOS User

I love this app so much [...] I recommend Knowunity to everyone!!! I went from a C to an A with it :D

Stefan S, iOS User

The application is very simple and well designed. So far I have found what I was looking for :D

SuSSan, iOS User

Love this App ❤️, I use it basically all the time whenever I'm studying