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Slide 1PRICE Slide 2 Yes, But What Does It Cost? Price is the value that customers give up or exchange to obtain a desired product Payment may be in the form of money, goods,…
Slide 1Characteristics of the Ideal Classroom 1.Fun and Meaningful Activities 2.No Busy Work 3.Manageable Assignments 4.Energy and Enthusiasm 5.Humor 6. Varied Instruction…
Slide 1THE ECONOMIC CONTRIBUTION OF VIRGINIA PUBLIC HIGHER EDUCATION Center for Economic and Policy Studies Slide 2 Thomas Jefferson, Virginia Board of Visitors Minutes,…
Slide 1 1 The Art and Science of Economic Analysis What is the economic problem? What is the “art” of economic analysis? What is the “science” of economic…
Slide 1 Slide 2 1 Objectives: To understand and distinguish between the two types of economic decisions: “either-or” decisions and “how much” decisions. To…