Opportunity Cost to every decision! Production Possibilities Curve Assumptions: FE/Y Fixed Q of Resources and Technology *Represents: possible combinations.
Basic Economic Concepts Scarcity, Opportunity Cost & PPC.
Basic Economic Concepts Scarcity, Opportunity Cost & PPC Capitalism Characteristics Supply and Demand.
Basic Economic Concepts
AAn alternative that we sacrifice when we make a decision A student skips school to go to ACL. Trade-off is giving up school for the concert GGuns.
