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Charles A. Holt; Erica R. Sprott – Journal of Economic Education, 2025
The authors of this article explain how two Veconlab class "experiments" can be used to clarify common points of confusion about the cost curves (sunk, marginal, and average). In each case, the experiment can be motivated, framed, or explained with environmental policy applications that are provided in the suggestions-for-discussion…
Descriptors: Costs, Climate, Teaching Methods, Economics Education