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  2. Quizlet - Wikipedia

    en.wikipedia.org/wiki/Quizlet

    Quizlet's primary products include digital flash cards, matching games, practice electronic assessments, and live quizzes. In 2017, 1 in 2 high school students used Quizlet. [ 4 ] As of December 2021, Quizlet has over 500 million user-generated flashcard sets and more than 60 million active users.

  3. Microeconomics - Wikipedia

    en.wikipedia.org/wiki/Microeconomics

    Microeconomics analyzes the market mechanisms that enable buyers and sellers to establish relative prices among goods and services. Shown is a marketplace in Delhi. Shown is a marketplace in Delhi. Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce ...

  4. Daron Acemoglu - Wikipedia

    en.wikipedia.org/wiki/Daron_Acemoglu

    This is an accepted version of this page This is the latest accepted revision, reviewed on 18 February 2025. Turkish-American economist (born 1967) Daron Acemoglu Acemoglu in 2016 Born Kamer Daron Acemoğlu (1967-09-03) September 3, 1967 (age 57) Istanbul, Turkey Citizenship Turkey and United States Education University of York (BA) London School of Economics (MSc, PhD) Spouse Asu Ozdaglar ...

  5. AP Microeconomics - Wikipedia

    en.wikipedia.org/wiki/AP_Microeconomics

    Advanced Placement (AP) Microeconomics (also known as AP Micro) is a course offered by the College Board as part of the Advanced Placement Program for high school students interested in college-level coursework in microeconomics and/or gaining advanced standing in college.

  6. Supply and demand - Wikipedia

    en.wikipedia.org/wiki/Supply_and_demand

    Supply chain as connected supply and demand curves. In microeconomics, supply and demand is an economic model of price determination in a market.It postulates that, holding all else equal, the unit price for a particular good or other traded item in a perfectly competitive market, will vary until it settles at the market-clearing price, where the quantity demanded equals the quantity supplied ...

  7. Relative price - Wikipedia

    en.wikipedia.org/wiki/Relative_price

    A relative price is the price of a commodity such as a good or service in terms of another; i.e., the ratio of two prices. A relative price may be expressed in terms of a ratio between the prices of any two goods or the ratio between the price of one good and the price of a market basket of goods (a weighted average of the prices of all other goods available in the market).

  8. Opportunity cost - Wikipedia

    en.wikipedia.org/wiki/Opportunity_cost

    Assuming the best choice is made, it is the "cost" incurred by not enjoying the benefit that would have been had if the second best available choice had been taken instead. [1] The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative is chosen".

  9. History of microeconomics - Wikipedia

    en.wikipedia.org/wiki/History_of_microeconomics

    Microeconomics is the study of the behaviour of individuals and small impacting organisations in making decisions on the allocation of limited resources. The modern field of microeconomics arose as an effort of neoclassical economics school of thought to put economic ideas into mathematical mode.

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