econ self test 1-13

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The flashcards below were created by user tsciole on FreezingBlue Flashcards.


  1. scarcity is the central of the study of economics because it implies that
    every choice involves an opportunity cost
  2. allocative efficiency
    MB=MC
  3. Economic data is used to
    test models

Card Set Information

Author:
tsciole
ID:
83030
Filename:
econ self test 1-13
Updated:
2011-05-01 20:38:01
Tags:
self test
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Description:
self test 1-13
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