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1 hat costs - PowerPoint PPT Presentation

Unit I: Basic Economic Concepts

Unit I: Basic Economic Concepts. REVIEW. Explain how you would use the concept of opportunity cost in everyday life. Differentiate between increasing and constant opportunity cost PPCs Explain why the Law of Increasing Opportunity Cost occurs.

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Unit 1-4: Basic Economic Concepts

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1 hat costs - PowerPoint PPT Presentation

Unit I: Basic Economic Concepts

Unit 1-4: Basic Economic Concepts