Sunday, August 21, 2011

Mikeroeconomics: Daily Review

Mikeroeconomics: Daily Review: What is the term economists use to describe the "cost of the next best alternative"? For example, suppose Juan wants to watch Monk tonight ...

About the Author: Mike Fladien is a high school Economics and Law teacher in Muscatine, Iowa. He has been called the EconHacker because he has a talent for explaining Economics concepts in a simple language that anyone can understand.

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