El problema Económico

更多类似内容

Young Adult

由Garett Fay

Starbucks

由Ayuna Asalkhanova

Impact of Exploration

由Emily Ogle

INTEL - Optimizing Lean Manufacturing by the use of Technology

由Amine Benajiba

The Economic Problem

Topic principal

Economic Growth

Expansion of production

Is the result of

Capital accumulation

technological change

Gain of trade

Specialization

produce one or two services or goods and trade others with other people

absolute advantage

more productive person than another

comparative advantage

lowest opportunity cost

Economic Cordination

There are two ways to coordinate the market for the production of goods and services.

Free Market

Needs four social institutions

Money

Property rights

markets

Business

Centralized planning

Production Possibilities Frontier.

Subtema

This graphic we have our three production possibilities

.C unattainable/shottage=unreachable combinations

.A Efficient= make maximum use of resources

Exchange in FPP

Any choice made from the FPP implies an exchange

they imply

Opportunity cost

It is the highest value alternative that is sacrificed

Increasing opportunity cost

It is a proportion

It is the reduction of the quantity produced of a good

the increase of the quantity produced of another good

Allocation efficiency

When goods and services are produced at the lowest possible cost and in the quantities that provide the greatest possible benefit.

Marginal Benefit

It is the benefit obtained by producing one more unit of the same good

Marginal Cost

Of a good is the opportunity cost of producing an additional unit of it.

. B Inefficient