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Microeconomics Exam Study Guide PDF

29 Pages·2023·English
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by ['Andrew Ho']| 2023| 29 pages| English

About Microeconomics Exam Study Guide

This document provides a study guide for a microeconomics exam covering basic economic concepts and supply and demand. It includes definitions of key terms like scarcity, production possibilities curve, opportunity cost, and market equilibrium. It also summarizes major topics like the three basic economic questions, different types of economic systems, comparative advantage and trade, elasticities of demand and supply, and how consumer and producer surplus are calculated. The guide provides formulas and graphs to help understand these microeconomic concepts.

Detailed Information

Author:['Andrew Ho']
Publication Year:2023
Pages:29
Language:English
Format:PDF
Price:FREE
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