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Home > Principles of Microeconomics (Video) > Information and Incentives
Podcast: Principles of Microeconomics (Video)
Episode:

Information and Incentives
Category: Education
Duration: 00:09:53
Publish Date: 0000-00-00 00:00:00
Description: What does an increase in the price of oil tell us? What does it signal? And how do we adjust to that signal? The price of oil gives users of oil an incentive to respond — by using less oil or substituting lower-cost alternatives for oil. The key here is...
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