Brainrot Quiz: Midterm Economics Quiz

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easy

Q: What do we call the cost of the next best alternative?

Q: What term describes goods that cannot be restricted to paying customers?

medium

Q: What is the graphical representation of production efficiency?

Q: What happens when there is a surplus in the market?

hard

Q: What do we call the goods that can be used by multiple people simultaneously?

Q: What is the impact of a price ceiling in a market?

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