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Lecture Principles of economics (Brief edition, 2e): Chapter 6 - Robert H. Frank, Ben S. Bernanke

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Chapter 6 - Efficiency, exchange, and the invisible hand in action. In chapter 6 our focus will shift to the seller’s side of the market, where our task will be to see why upward-sloping supply curves are a consequence of production decisions taken by firms whose goal is to maximize profit.

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