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Economics for Leaders: Topic 2, Opportunity Cost and Incentives
Source: FTE | Type: Lesson
Topic 2: Understanding markets and voluntary trade, the role of prices and incentives, and property rights
Grades:
Concepts:
- Demand
- Incentive
- Marginal Analysis
- Opportunity Cost
- Price
- Supply
Standards:
- Economics 2: Marginal Cost/Benefit
- Economics 3: Allocation of Goods and Services
- Economics 4: Role of Incentives
- Economics 5: Gain from Trade
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