Question
What is theeconomic perspective(oreconomic way of thinking),include definitions of scarcity,opportunity cost,purposeful behavior,utility,marginal analysis(benefits and costs),and how these concepts may be used in decision making?
What is the"economic perspective"(or"economic way of thinking"),include definitions of scarcity,opportunity cost,purposeful behavior,utility,marginal analysis(benefits and costs),and how these concepts may be used in decision making?
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Principles Of Microeconomics 3e By OpenStax
Authors: OpenStax
3rd Edition
1711471496, 978-1711471495
