7470792
Description
Flowchart by Rajesh Krishnamurthy, updated more than 1 year ago
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Created by Rajesh Krishnamurthy
almost 8 years ago
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Flowchart nodes
- Wants are unlimited
- Resources are limited
- Creates scarcity
- Choices should be made
- Leads to opportunity cost.
- Real economic problem
- Must be used efficiently
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