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Man Sci Master
8 Questions
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Man Sci Master

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@AdvantageousJasper7207

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Questions and Answers

Which of the following is NOT true about the given text?

  • The text mentions a world university ranking
  • The text is about a course called Man Sci
  • The text mentions a university called Far Eastern University
  • The text provides a link to study materials (correct)

    • What can be inferred from the given text?

  • The author has created some studylists
  • The author has added their university or school
  • The author has not taken any courses yet (correct)
  • The author has viewed some documents

    • What is the topic of the missing review notes?

  • World University Ranking
  • Man Sci
  • Far Eastern University
  • IC and Optimum Combi (correct)

    • Which term refers to the study of how society manages its resources?

    <p>Economics</p> Signup and view all the answers

    What does positive economics focus on?

    <p>Testing and proving hypotheses</p> Signup and view all the answers

    What is opportunity cost?

    <p>The value of what is given up to obtain some item</p> Signup and view all the answers

    What does marginal cost refer to?

    <p>The value of what is given up to produce an additional unit</p> Signup and view all the answers

    When is the marginal benefit greater than the marginal cost?

    <p>When consumers continue to purchase a good</p> Signup and view all the answers

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