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Here is a comprehensive review of positive and negative externalities. It includes the difference between marginal social cost and marginal private cost as well as the difference between marginal social benefit and marginal private benefit. Again there is no review activity for this one, but I’ll start making more of those after I make a few more Microeconomics content review articles.
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Month: October 2016
The Econ Factor
Everything you need to know about perfectly competitive factor markets and monopsony. No game this time, but there are some questions about these resource markets found in the points, prices, and quantities game.
Check Out the Competition
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Here is a breakdown of the 4 product market structures organized from most competitive to least. There is also a 22 question review game to make sure you are ready for exam day!!
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