* Session 1B. CONCEPTS CONCEPTS Consumption: Direct and final use of goods- destruction of utility. Savings are that part of the income which is not used for current consumption-…
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Comparative Advantage: The Basis for Exchange What Do You Think? Do the Nepalese perform their own services because they are poor or are they poor because they perform their…
Individual Opportunity Cost Opportunity cost of any choice What we forego when we make that choice Homecoming weekend 10-22-05 Fraternity party Football against Oklahoma…