Questions tagged [concept]

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CoinPrince CoinPrince Fri Jan 24 2025 | 5 answers 840

What is the concept of incentives?

I am interested in understanding the concept of incentives. Could someone explain what incentives are and how they work in various contexts?

What is the concept of incentives?
Giuseppe Giuseppe Fri Jan 17 2025 | 7 answers 1575

What is the concept of elasticity?

I'm trying to understand the concept of elasticity. I know it has something to do with how sensitive something is to changes, but I'm not sure exactly what it means in an economic context.

What is the concept of elasticity?
ShintoSanctum ShintoSanctum Mon Jan 13 2025 | 5 answers 1036

What is the basic principle of opportunity cost concept?

I want to understand the fundamental idea behind the concept of opportunity cost. What is the CORE principle that defines this economic theory?

What is the basic principle of opportunity cost concept?
Sat Jan 11 2025 | 7 answers 1760

On what concept is the opportunity cost based?

I want to understand the fundamental concept that opportunity cost is based on. What economic or financial theory does it stem from? What is the CORE idea behind the concept of opportunity cost?

On what concept is the opportunity cost based?
Wed Jan 08 2025 | 7 answers 1963

What is the concept of opportunity cost in economics?

I'm interested in understanding the economic concept of opportunity cost. Could someone explain what it is and how it applies in economics?

What is the concept of opportunity cost in economics?

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