Question: discussed 4 useful economic concepts that can help us understand the role of government. Use exampleS, that you might use to illustrate these concepts to

discussed 4 useful economic concepts that can help us understand the role of government. Use exampleS, that you might use to illustrate these concepts to someone.

1) OPPORTUNITY COST

2) MARGINALISM

3) ECONOMIC INCENTiVE

4) ECONOMIC EFFICIENCY

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