ECON 312 Principles of Economics Entire Course
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1. (TCO 1) Opportunity cost is best defined as (Points : 4)
2. (TCO1) Which is not a factor of production? (Points : 4)
3. (TCO1) A point outside the production possibilities curve is (Points : 4)
4. (TCO1) A basic characteristic of a command system is that (Points : 4)
5. (TCO 2) Which is consistent with the law of demand? (Points : 4)
6. (TCO 2) A decrease in supply and a decrease in demand will (Points : 4)
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