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The Importance of Prices in Economics System

eBook (PDF), 4 Pages
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Price: $1.99
A price is the amount of money a buyer must pay to a seller for a good or service. Price is not always the same as cost. In economics, cost means opportunity cost—all that is sacrificed to buy the good. While the price of a good is a part of its opportunity cost, it is not the only cost. For example, the price does not include the value of the time sacrificed to buy something.
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Product Details

Published
July 3, 2013
Language
English
Pages
4
File Format
PDF
File Size
526.63 KB
Product ID
21096558

Formats for this Ebook

PDF
Required Software Any PDF Reader, Apple Preview
Supported Devices Windows PC/PocketPC, Mac OS, Linux OS, Apple iPhone/iPod Touch... (See More)
# of Devices Unlimited
Flowing Text / Pages Pages
Printable? Yes
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