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<para>By the end of this section, you will be able to:</para> <ul> <li>Explain the difference between explicit costs and implicit costs</li> <li>Understand the relationship between cost and revenue</li> </ul>
<para>By the end of this section, you will be able to:</para><ul><li>Explain why and how oligopolies exist</li><li>Contrast collusion and competition</li><li>Interpret and analyze the prisoner’s dilemma diagram</li><li>Evaluate the tradeoffs of imperfect competition</li></ul>
<para>By the end of this section, you will be able to:</para> <ul> <li>Assess the median voter theory</li> <li>Explain the voting cycle</li> <li>Analyze the interrelationship between markets and government</li> </ul>
<para>By the end of this section, you will be able to:</para><ul><li>Analyze graphs of the current account balance and the merchandise trade balance</li><li>Identify patterns in U.S. trade surpluses and deficits</li><li>Compare the U.S. trade surpluses and deficits to other countries' trade surpluses and deficits</li></ul>
In this section, you will:<ul><li>Solve linear trigonometric equations in sine and cosine.</li><li>Solve equations involving a single trigonometric function.</li><li>Solve trigonometric equations using a calculator.</li><li>Solve trigonometric equations that are quadratic in form.</li><li>Solve trigonometric equations using fundamental identities.</li><li>Solve trigonometric equations with multiple angles. </li><li>Solve right triangle problems.</li></ul>
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