'Productively efficient' presentation slideshows

Comparison and Analysis of the 4 Market Structures

1.29k views • 83 slides

Economic Systems

Economic Systems. Chapter 3. Why are economic systems needed?. Rules of the game! Standard incentives Understanding of the rewards. Economic Systems can allow for _____. A. Specialization B. Comparative / Absolute advantage. Adam Smith. THE WEALTH OF NATIONS (1776)

726 views • 51 slides

A Typology of Efficiency in Health Care: Implications for Measurement

A Typology of Efficiency in Health Care: Implications for Measurement. Paul G. Shekelle, M.D., Ph.D. December 4, 2006. Project Overview. AHRQ-funded project began in October 2005 Three major tasks: Create a typology of efficiency Scan and review literature on efficiency

676 views • 33 slides

Ch. 2: The Economic Problem.

Ch. 2: The Economic Problem. Topics Production Possibilities Frontier & Opportunity Cost Efficient Allocation of resources Trade-off between current and future production. Gains from specialization and trade Importance of property rights and markets.

419 views • 26 slides

Ch. 2: The Economic Problem.

Ch. 2: The Economic Problem. Topics Production Possibilities Frontier & Opportunity Cost Efficient Allocation of resources Trade-off between current and future production. Gains from specialization and trade Importance of property rights and markets.

372 views • 26 slides

Production Possibilities Curve (Frontier)

Production Possibilities Curve (Frontier). Graphing the Combinations of Production for Two Goods or Services. Shows all of the possible combinations of two goods or services that can be produced within a stated time period, given two very important assumptions:.

450 views • 25 slides

Monopolistic Competition

Monopolistic Competition. Market Structures - Review. Competitive: many firms, identical products Monopoly: single firm, no close substitutes Oligopoly: several firms, similar products, degree of product differentiation varies depending upon the market

4.38k views • 15 slides

Adjusting to industrial Labor

Adjusting to industrial Labor 1870-World War 1 Features of the US industry Their work force came mainly from immigrants from Europe They were labor intensive and lack of a devised system to be productively efficient Characteristics of these immigrants Not adjusted to industrial labor

283 views • 6 slides

Perfect Competition vs. Monopoly

249 views • 6 slides