用Quizlet學習並牢記包含scarcity、Economics、The Scarcity Principle (No-Free-Lunch Principle)等詞語及更多內容的單詞卡。
1. Society has unlimited wants and limited resources (scarcity). 2. Due to scarcity, choices must be made. Every choice has a cost (a trade-off).3. Everyone's goal is to make choices that maximize their satisfaction. Everyone acts in their own "self-interest."4. Everyone makes decisions...
Barter Exchange goods without involving money. Division of Labor Division of work into a number of separate tasks to be performed by different workers 最好的學習方式。免費註冊。 註冊代表你接受Quizlet的服務條款和隱私政策 以Google帳戶繼續 關於
用Quizlet學習並牢記包含Someone taking a course in web design is affecting what factor of production?、What would be a example of an alternative use for farmland?、Why do individuals, businesses and government make trade-offs?等詞語及更多內容的單詞卡。
deciding whether to do or use one additional unit of some resource command economy An economic system in which the government controls a country's economy. mixed economy An economy in which private enterprise exists in combination with a considerable amount of government regulation and promotion. Tr...
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用Quizlet學習並牢記包含The study of how to best allocate scarce resources among competing uses.、Sacrifice of the next best alternative. The most desired goods and services that are forgone in order to obtain something else.、Resource inputs used to prod
用Quizlet學習並牢記包含Q. 81. Define quantity supplied、Q. 82. What is the most important factor to influence the quantity supplies?、Q. 83. The positive relation between price and quantity supplied is called what?等詞語及更多內容的單詞卡。
用Quizlet學習並牢記包含Because buyers of any good always want a lower price while sellers want a higher price:、Price Ceiling、binding price ceiling等詞語及更多內容的單詞卡。
a one unit decrease in output will increase the firms profit a competitive frim has been selling its output for 10 per unit and has been maximizing its profit. then, the price rises to 14 and the firm makes whatever adjustments are necessary to maximize profit at the now higher price. once...