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- https://socialsci.libretexts.org/Bookshelves/Economics/Managerial_Economics_Principles_(LibreTexts)/02%3A_Key_Measures_and_Relationships/2.01%3A_Revenue_Cost_and_ProfitMost businesses sell something—either a physical commodity like an ice cream bar or a service like a car repair. In a modern economy, that sale is made in return for money or at least is evaluated in ...Most businesses sell something—either a physical commodity like an ice cream bar or a service like a car repair. In a modern economy, that sale is made in return for money or at least is evaluated in monetary terms.
- https://socialsci.libretexts.org/Courses/Coalinga_College/Understanding_Biological_Behavior_(C-ID_PSY_150)/11%3A_Emotional_Behaviors/11.01%3A_Social_Neuroscience/11.1.04%3A_What_is_the_Cost_of_Social_StressFor example, cardiovascular responses associated with stress like contractility of the heart ventricles and the amount of blood pumped by the heart (what is called cardiac output) are increased when i...For example, cardiovascular responses associated with stress like contractility of the heart ventricles and the amount of blood pumped by the heart (what is called cardiac output) are increased when interacting with outgroup as compared with ingroup members (i.e., people who belong to the same social group we do) (Mendes, Blascovich, Likel, & Hunter, 2002).
- https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/9%3A_Production/9.2%3A_Production_CostVariable costs change according to the quantity of goods produced; fixed costs are independent of the quantity of goods being produced.
- https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Economics_(LibreTexts)/01%3A_Economics%3A_The_Study_of_Choice/1.1%3A_Defining_EconomicsEconomics is a social science that examines how people choose among the alternatives available to them. It is social because it involves people and their behavior. It is a science because it uses, as ...Economics is a social science that examines how people choose among the alternatives available to them. It is social because it involves people and their behavior. It is a science because it uses, as much as possible, a scientific approach in its investigation of choices.
- https://socialsci.libretexts.org/Bookshelves/Early_Childhood_Education/Observation_and_Assessment_in_Early_Childhood_Education_(Peterson_and_Elam)/02%3A_Quality_Counts/2.02%3A_Not_all_Preschool_Programs_are_AlikeFamilies seeking childcare face the challenge of choosing the right preschool program, considering factors like cost, location, school philosophy, teacher qualifications, and curriculum. They also dec...Families seeking childcare face the challenge of choosing the right preschool program, considering factors like cost, location, school philosophy, teacher qualifications, and curriculum. They also decide between state-funded, faith-based, family childcare, or traditional preschool settings. In California, all childcare centers must be licensed and comply with regulations.
- https://socialsci.libretexts.org/Under_Construction/Purgatory/Econ_101%3A_Economics_of_Public_Issues_(OLD)/02%3A_Core_Economic_Concepts/2.02%3A_Scarcity_and_Opportunity_CostEconomics is a social science that examines how people choose among the alternatives available to them. It is social because it involves people and their behavior. It is a science because it uses, as ...Economics is a social science that examines how people choose among the alternatives available to them. It is social because it involves people and their behavior. It is a science because it uses, as much as possible, a scientific approach in its investigation of choices.
- https://socialsci.libretexts.org/Courses/HACC_Central_Pennsylvania's_Community_College/ECON_201%3A_Principles_of_Macroeconomics_(Balic)/01%3A_Economics_-_The_Study_of_Choice/1.01%3A_Defining_EconomicsEconomics is a social science that examines how people make decisions as they face scarce resources. It is social because it involves people and their behavior. It is a science because it uses, as muc...Economics is a social science that examines how people make decisions as they face scarce resources. It is social because it involves people and their behavior. It is a science because it uses, as much as possible, a scientific approach in its investigation of choices.
- https://socialsci.libretexts.org/Courses/Diablo_Valley_College/Econ_101%3A_Economics_of_Public_Issues_(Sorce)/02%3A_Core_Economic_Concepts/2.02%3A_Scarcity_and_Opportunity_CostEconomics is a social science that examines how people choose among the alternatives available to them. It is social because it involves people and their behavior. It is a science because it uses, as ...Economics is a social science that examines how people choose among the alternatives available to them. It is social because it involves people and their behavior. It is a science because it uses, as much as possible, a scientific approach in its investigation of choices.
- https://socialsci.libretexts.org/Courses/HACC_Central_Pennsylvania's_Community_College/Principles_of_Microeconomic_(M._Balic)/01%3A_Economics_-_The_Study_of_Choice/1.01%3A_Defining_EconomicsEconomics is a social science that examines how people make decisions as they face scarce resources. It is social because it involves people and their behavior. It is a science because it uses, as muc...Economics is a social science that examines how people make decisions as they face scarce resources. It is social because it involves people and their behavior. It is a science because it uses, as much as possible, a scientific approach in its investigation of choices.
