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3 Cards in this Set

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Purchase herehttp://devrycourse.com/econ312week4midtermversion1

ECON 312 Week 4 Midterm (Version 1) Purchase herehttp://devrycourse.com/econ312week4midtermversion1Product Description1. (TCO 1) As a consequence of the condition of scarcity2. (TCO 1) The opportunity cost of constructing a new public highway is the3. (TCO 1) A nation can increase its production possibilities by4. (TCO 1) Which expression is another way of saying "marginal benefit"?5. (TCO 1) The individual who brings together economic resources and assumes the risk of business ventures in a capitalist economy is called the6. (TCO 1) The Soviet Union economy of the 1980s would best be classified as7. (TCO 1) The simple circular-flow model shows that workers, entrepreneurs, and the owners of land and capital offer their services through8. (TCO 1) Consumers express self-interest when they

Purchase herehttp://devrycourse.com/econ312week4midtermversion1

ECON 312 Week 4 Midterm (Version 1) Purchase herehttp://devrycourse.com/econ312week4midtermversion1Product Description1. (TCO 1) As a consequence of the condition of scarcity2. (TCO 1) The opportunity cost of constructing a new public highway is the3. (TCO 1) A nation can increase its production possibilities by4. (TCO 1) Which expression is another way of saying "marginal benefit"?5. (TCO 1) The individual who brings together economic resources and assumes the risk of business ventures in a capitalist economy is called the6. (TCO 1) The Soviet Union economy of the 1980s would best be classified as7. (TCO 1) The simple circular-flow model shows that workers, entrepreneurs, and the owners of land and capital offer their services through8. (TCO 1) Consumers express self-interest when they

Purchase herehttp://devrycourse.com/econ312week4midtermversion1

ECON 312 Week 4 Midterm (Version 1) Purchase herehttp://devrycourse.com/econ312week4midtermversion1Product Description1. (TCO 1) As a consequence of the condition of scarcity2. (TCO 1) The opportunity cost of constructing a new public highway is the3. (TCO 1) A nation can increase its production possibilities by4. (TCO 1) Which expression is another way of saying "marginal benefit"?5. (TCO 1) The individual who brings together economic resources and assumes the risk of business ventures in a capitalist economy is called the6. (TCO 1) The Soviet Union economy of the 1980s would best be classified as7. (TCO 1) The simple circular-flow model shows that workers, entrepreneurs, and the owners of land and capital offer their services through8. (TCO 1) Consumers express self-interest when they