Economics 101 Unit 4 Notes: Scarcity, Opportunity Costs & Economic Choices

•Als PPT, PDF herunterladen•

0 gefällt mir•200 views

- Economics is the study of how individuals, businesses, and governments make choices with limited resources due to scarcity. - People must choose how to spend their limited incomes between needs like food and shelter or wants. Businesses must decide what and how much to produce with limited profits. Governments face limits in resources and must allocate tax revenue. - Opportunity cost is the best alternative given up when a choice is made. For individuals it could be leisure time, for businesses profits, and for governments spending on other programs.

Technologie Wirtschaft & Finanzen

What Does “Economics” Mean? ,[object Object]

Needs & Wants ,[object Object],[object Object],[object Object],[object Object]

Opportunity Costs ,[object Object],[object Object],[object Object],[object Object]

What Do We Spend $ On? ,[object Object],[object Object]

What Does This Mean for Businesses? ,[object Object],[object Object],[object Object],[object Object],[object Object]

Economic Choices ,[object Object],[object Object],[object Object],[object Object],[object Object]

Weitere ähnliche Inhalte

Andere mochten auch

European Languagespammie3

Factors That Lead To Economic Growthpammie3

Three World Religionspammie3

European Languagespammie3

Canadian Historypammie3

Canada Govtpammie3

Canadas Governmentpammie3

Andere mochten auch (7)

European Languages

Factors That Lead To Economic Growth

Three World Religions

European Languages

Canadian History

Canada Govt

Canadas Government

Ähnlich wie Economics 101 Unit 4 Notes: Scarcity, Opportunity Costs & Economic Choices

Spring 16 introduction to business lecture 1Grant Thornton Bangladesh

Microeconomic - Introduction to Economy.pptxNazmiNawi1

Pe intro to econNick Allgyer

economics Foundation Course 28052018.pptxMMCBSED

Understanding econKathrynDunn15

Pe unit #1 studentNick Allgyer

10 principles of economicsmitalpt

Economics chapter 1Maliha Ahad

World economies power pointMonica Martinez

E unit #1 studentNick Allgyer

Unit #1 studentNick Allgyer

Pe unit 1 student notesNick Allgyer

Mi Chapter 1.pptxbereket84

Economics reviewCarl Cunningham

Lahainaluna Entrepreneurship d2 2012Eduardo Zayas

1.business activityDavidRodriguez737

4 Economic SystemsAngelica (Angie) Reyes

Unit 1 student notesNick Allgyer

business basics final 1.pptxTaseenTanvir1

Ähnlich wie Economics 101 Unit 4 Notes: Scarcity, Opportunity Costs & Economic Choices (20)

Spring 16 introduction to business lecture 1

Microeconomic - Introduction to Economy.pptx

Pe intro to econ

economics Foundation Course 28052018.pptx

Understanding econ

Pe unit #1 student

10 principles of economics

Economics chapter 1

World economies power point

E unit #1 student

Unit #1 student

Pe unit 1 student notes

Mi Chapter 1.pptx

Economics review

Lahainaluna Entrepreneurship d2 2012

1.business activity

4 Economic Systems

Unit 1 student notes

business basics final 1.pptx

Mehr von pammie3

Early Civilizationspammie3

Canadas Economypammie3

History Of Canadapammie3

Canadian Historypammie3

Unit 5 Canada Environmental Issues 3pammie3

European Economiespammie3

Economics101pammie3

European Languagespammie3

Europe Physical Featurespammie3

Europes Environmental Concerns Abpammie3

Mehr von pammie3 (16)

Early Civilizations

Canadas Economy

History Of Canada

Canadian History

Unit 5 Canada Environmental Issues 3

European Economies

Economics101

European Languages

Europe Physical Features

Europes Environmental Concerns Ab

Kürzlich hochgeladen

Connect Wave/ connectwave Pitch Deck PresentationSlibray Presentation

"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...Fwdays

DevoxxFR 2024 Reproducible Builds with Apache MavenHervé Boutemy

Install Stable Diffusion in windows machinePadma Pradeep

Nell’iperspazio con Rocket: il Framework Web di Rust!Commit University

"Federated learning: out of reach no matter how close",Oleksandr LapshynFwdays

Powerpoint exploring the locations used in television show Time Clashcharlottematthew16

SIP trunking in Janus @ Kamailio World 2024Lorenzo Miniero

SAP Build Work Zone - Overview L2-L3.pptxNavinnSomaal

Scanning the Internet for External Cloud Exposures via SSL CertsRizwan Syed

Artificial intelligence in cctv survelliance.pptxhariprasad279825

My Hashitalk Indonesia April 2024 PresentationRidwan Fadjar

Dev Dives: Streamline document processing with UiPath Studio WebUiPathCommunity

Bun (KitWorks Team Study 노별마루 발표 2024.4.22)Wonjun Hwang

"ML in Production",Oleksandr BaganFwdays

"Debugging python applications inside k8s environment", Andrii SoldatenkoFwdays

Streamlining Python Development: A Guide to a Modern Project SetupFlorian Wilhelm

Search Engine Optimization SEO PDF for 2024.pdfRankYa

Ensuring Technical Readiness For Copilot in Microsoft 3652toLead Limited

Integration and Automation in Practice: CI/CD in Mule Integration and Automat...Patryk Bandurski

Kürzlich hochgeladen (20)

Connect Wave/ connectwave Pitch Deck Presentation

"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...

DevoxxFR 2024 Reproducible Builds with Apache Maven

Install Stable Diffusion in windows machine

Nell’iperspazio con Rocket: il Framework Web di Rust!

"Federated learning: out of reach no matter how close",Oleksandr Lapshyn

Powerpoint exploring the locations used in television show Time Clash

SIP trunking in Janus @ Kamailio World 2024

SAP Build Work Zone - Overview L2-L3.pptx

Scanning the Internet for External Cloud Exposures via SSL Certs

Artificial intelligence in cctv survelliance.pptx

My Hashitalk Indonesia April 2024 Presentation

Dev Dives: Streamline document processing with UiPath Studio Web

Bun (KitWorks Team Study 노별마루 발표 2024.4.22)

"ML in Production",Oleksandr Bagan

"Debugging python applications inside k8s environment", Andrii Soldatenko

Streamlining Python Development: A Guide to a Modern Project Setup

Search Engine Optimization SEO PDF for 2024.pdf

Ensuring Technical Readiness For Copilot in Microsoft 365

Integration and Automation in Practice: CI/CD in Mule Integration and Automat...