- Economics
- Unit of Study
- Community College / Lower Division, College / Upper Division
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Sunk Costs, Price, Opportunity Set, Slope, Adam Smith, Budget Constraint, Invisible Hand, Allocative Efficiency, Market Economy, Law of Diminishing Returns, Scarcity, Tradeoff Diagram, Economic Efficiency, ba, Productive Efficiency, Marginal Analysis, Normative Statements, Law of Diminishing Marginal Utility, Tradeoffs, Positive Statements, Cost, Utility, Opportunity Cost, Firm, Production Possibilities Frontier (PPF)
