Analyze how unlimited wants and limited resources affect decision-making.
Scarcity and Choice
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Evaluate regional, national or international economic decisions using marginal analysis.
Evaluate in terms of marginal analysis how incentives influence decisions of consumers, producers and policy makers.
Evaluate government decisions to provide public goods.
Evaluate the advantages and disadvantages of using renewable resources such as solar power, wind power, and biofuels.
Compare the use of natural resources in different countries.