.pf{position:relative;background-color:#fff;overflow:hidden;margin:0;border:0}.pc{position:absolute;border:0;padding:0;margin:0;top:0;left:0;width:100%;height:100%;overflow:hidden;display:block;transform-origin:0 0;-ms-transform-origin:0 0;-webkit-transform-origin:0 0}.bi{position:absolute;border:0;margin:0}.t{position:absolute;white-space:pre;font-size:1px;transform-origin:0 100%;-ms-transform-origin:0 100%;-webkit-transform-origin:0 100%;unicode-bidi:bidi-override;-moz-font-feature-settings:"liga" 0}.t:after{content:''}.t:before{content:'';display:inline-block}.t span{position:relative;unicode-bidi:bidi-override}._{display:inline-block;color:transparent;z-index:-1}.pi{display:none}@media screen{.pf{margin:13px auto;box-shadow:1px 1px 3px 1px #333;border-collapse:separate}}.ff1{font-family:ff1;line-height:.938477;font-style:normal;font-weight:400;visibility:visible}.ff2{font-family:ff2;line-height:.992188;font-style:normal;font-weight:400;visibility:visible}@font-face{font-family:ff3;src:url(data:application/font-woff;base64,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) format("woff")}.ff3{font-family:ff3;line-height:.692383;font-style:normal;font-weight:400;visibility:visible}.ff4{font-family:ff4;line-height:.992188;font-style:normal;font-weight:400;visibility:visible}.m0{transform:matrix(.320260,0,0,.320260,0,0);-ms-transform:matrix(.320260,0,0,.320260,0,0);-webkit-transform:matrix(.320260,0,0,.320260,0,0)}.ls1{letter-spacing:0}.ls2{letter-spacing:.192px}.ls0{letter-spacing:36.5764px}.sc0{text-shadow:-.015em 0 transparent,0 .015em transparent,.015em 0 transparent,0 -.015em transparent}@media screen and (-webkit-min-device-pixel-ratio:0){.sc0{-webkit-text-stroke:.015em transparent;text-shadow:none}}.ws1{word-spacing:-15.792px}.ws0{word-spacing:-13.536px}.ws2{word-spacing:0}._3{margin-left:-1.118467px}._4{width:1.125392px}._1{width:18.240016px}._2{width:36.575968px}._0{width:130.640160px}.fc1{color:transparent}.fc0{color:#000}.fs1{font-size:48px}.fs0{font-size:56.16px}.y1e{bottom:119.935851px}.y1d{bottom:147.447756px}.y1c{bottom:174.042435px}.y1b{bottom:200.482877px}.y1a{bottom:227.999778px}.y0{bottom:251.084147px}.y19{bottom:254.593944px}.y18{bottom:281.073458px}.y17{bottom:307.667625px}.y16{bottom:334.108579px}.y15{bottom:361.624967px}.y14{bottom:389.295465px}.y13{bottom:415.736419px}.y12{bottom:442.176861px}.y11{bottom:469.847359px}.y10{bottom:496.313934px}.yf{bottom:523.830835px}.ye{bottom:551.501332px}.yd{bottom:577.941774px}.yc{bottom:604.382216px}.yb{bottom:632.053226px}.ya{bottom:659.569614px}.y9{bottom:687.086515px}.y8{bottom:713.719626px}.y7{bottom:741.236014px}.y6{bottom:768.752915px}.y5{bottom:796.269816px}.y4{bottom:823.940314px}.y3{bottom:850.380756px}.y2{bottom:876.975435px}.y1{bottom:905.568282px}.h3{height:34.945312px}.h4{height:37.523438px}.h2{height:40.886016px}.h1{height:668.063176px}.h0{height:1014.58492px}.w1{width:290.796435px}.w0{width:783.997438px}.x0{left:92.234993px}.x4{left:138.378187px}.x5{left:184.495606px}.x1{left:207.554354px}.x6{left:230.613103px}.x2{left:253.710359px}.x3{left:276.769133px}

ECON W1105 Lecture Notes - Lecture 11: Marginal Cost, Opportunity Cost, Seigniorage

United States

Principles of Economics.

Economics

ECON W1105 Lecture Notes - Lecture 11: Marginal Cost, Opportunity Cost, Seigniorage

Get access

Related Documents

ECON 1BB3 Lecture Notes - Lecture 1: Seat Belt, Opportunity Cost, Externality

Economics 10a Chapter 1: Chapter 1 - Ten Principles Of Economics

ECO 120 Lecture Notes - Lecture 1: Marginal Cost, Spring Break, Root Mean Square