'Increasing opportunity' presentation slideshows

The Economic Problem

3. The Economic Problem. CHAPTER. C H A P T E R C H E C K L I S T. When you have completed your study of this chapter, you will be able to. 1 Explain and illustrate the concepts of scarcity, production efficiency, and tradeoff using the production possibilities frontier.

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Chapter 2

471 views • 27 slides

Economic Problem and the PPF

3. CHAPTER. Economic Problem and the PPF. 1. 2. 3. 4. C H E C K L I S T. When you have completed your study of this chapter, you will be able to. Use the production possibilities frontier to illustrate the economic problem. Calculate opportunity cost.

531 views • 26 slides

Ch. 2: Trade, Tradeoffs, and Economic Systems

Ch. 2: Trade, Tradeoffs, and Economic Systems. The Production Possibilities Frontier (PPF).

300 views • 19 slides

Spending

PRODUCT MARKET. Goods and. Goods. services. and services. bought. sold. HOUSEHOLDS. FIRMS. Affect on Circular Flow?. Labor, land,. Factors of. capital & entrepreneurship. production. FACTOR Market. Wages, rent,. and profit. Circular Flow. Spending. Revenue. Price of Oil

265 views • 12 slides