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This Concept Map, created with IHMC CmapTools, has information related to: Economic Concepts Map, Economics uses Economics Models, Demand quantity supply Surplus, Supply depends on Labor, Inflation affects Supply, Inflation affects Demand, Scarcity of income, Scarcity affects Opportunity Cost, Demand measured in money Marginal Utility, Production Possibilities utilizes available resources Efficiency, Economics uses Demand, Demand increase Marginal Utility, Economics evaluated Demand, Scarcity produces Inflation, Rational Decisions influences relevant cost Opportunity Cost, Opportunity Cost reflected in Production Possibilities, Capital Good shift inward Production Possibilities, Efficiency specialized in Comparative Advantage, Consumption Goods shift outward Production Possibilities, Marginal Utility uses marginal analysis, Demand decreases or increases Supply