Foundational

Browse all foundational topics.

The basic economic problem of scarcity refers to the fact that there […]
An economic agent is a representation of people or entities in an […]
Economic goods Economic goods are those that use resources and therefore have […]
The factors of production is an economic term which describes all inputs […]
In economics, the opportunity cost of a particular choice is the value […]
A production possibility frontier (PPF) shows all of the maximum combinations of […]

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