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AP Microeconomics: Basic Economic Concepts

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Last update by anthonymanucci on 01/28/2010
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AP Microeconomics Basic Economic Concepts
AP Microeconomics: Basic Economic Concepts
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to review basic concepts of microeconomics in preparation for the AP Microeconomics exam
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Lawrence
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Free Flashcard From AP Microeconomics: Basic Economic Concepts
Question: What is scarcity?
Answer: the fundamental economic problem; the condition that arises when unlimited wants exceed limited resources

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