'Relative scarcity' diaporamas de présentation

Economics for Leaders

Economics for Leaders. Lesson 4: Markets In Action. Joke Of The Day. A traveler wandering on an island inhabited entirely by cannibals comes upon a butcher shop. This shop specialized in human brains differentiated according to source. The sign in the shop read: Artists' Brains $9/lb

446 views • 36 slides

More Markets

More Markets. Relative Scarcity. How scarce is one good or service compared to all other goods and services? Relative scarcity is the relationship between supply and demand. Price is the measurement of relative scarcity.

453 views • 36 slides

Economics for Leaders

417 views • 34 slides

Generalized Resource Scarcity

Generalized Resource Scarcity. Monday, April 24. Indicators of Scarcity. Physical indicators Resource prices Scarcity rent Marginal discovery cost Marginal extraction cost. A good indicator of scarcity:. Provides foresight Anticipate, not just report Provides comparability

387 views • 19 slides

Generalized Resource Scarcity

Generalized Resource Scarcity. Monday, April 24. Indicators of Scarcity. Physical indicators Resource prices Scarcity rent Marginal discovery cost Marginal extraction cost. A good indicator of scarcity:. Provides foresight Anticipate, not just report Provides comparability

195 views • 19 slides

Perfect Parenting Part II: Would Roshanda, by any other name, smell as sweet?

94 views • 9 slides

Chapter 13 Money and Banking

Chapter 13 Money and Banking. What is money?. Money is what money does Anything that performs the functions of money is money What are the functions of money? Medium of exchange Unit of account Store of value. 1. Medium of exchange. Used to buy goods and services Accepted in payments

206 views • 8 slides