'Increasing marginal opportunity cost' presentation slideshows

The Economic Organization Of Society

The Economic Organization Of Society. Chapter 2. Laugher Curve. Q. How many Marxists does it take to screw in a light bulb? A. None. The bulb contains within itself the seeds of its own revolution. Introduction. An economic system must coordinate individuals' wants and desires.

1.41k views • 99 slides

Ch. 2: The Economic Problem.

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

480 views • 32 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.

412 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.

362 views • 26 slides

Ch. 2: The Economic Problem.

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

426 views • 25 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.

380 views • 24 slides

Topics Production Possibilities Frontier & Opportunity Cost

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

390 views • 23 slides

TRADE, TRADE-OFFS, AND GOVERNMENT POLICY

300 views • 15 slides

Trade-Offs

Trade-Offs. Scarcity implies trade-offs TANSTAAFL What determines our trade-offs?. Opportunity Costs. Definition: Value of resources in their best alternative use Examples Going to a movie Studying Cash under pillow Home canning Wood chopping. The Economics of Star Trek.

431 views • 12 slides