PRINCIPLE of Opportunity Cost

01/04/2002


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Table of Contents

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PRINCIPLE of Opportunity Cost

PRINCIPLE of Opportunity Cost

Opportunity Cost and Production Possibilities

Marginal PRINCIPLE

Marginal Benefit and Marginal Cost

Using the Marginal Principle

PRINCIPLE of Diminishing Returns

PRINCIPLE of Diminishing Returns

Spillover PRINCIPLE

Spillover PRINCIPLE

Spillover PRINCIPLE

Spillover Benefits

Spillover Benefits

Spillover Costs

Reality PRINCIPLE

Reality PRINCIPLE

Author: Fernando Quijano