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Air nichols - PowerPoint PPT Presentation

Scarcity and Choice

Scarcity and Choice. You have been tasked with making Widgets and Wajamas Widget: tear a piece of paper in half, fold it twice hamburger-style, and staple it in the center Wajama : fold a sheet of paper 3 times hot dog-style Production Rules: Round 1: 45 seconds to make Widgets

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255 views • 13 slides

Economics

Economics. Basic words and their basic definitions. The study of the consumption, production, and transfer of wealth Study of how stuff is made and bought. Economics. A person who purchases goods and services for personal use Someone who buys/uses stuff Ex: YOU! . Consumer.

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243 views • 12 slides

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Air nichols - PowerPoint PPT Presentation

Scarcity and Choice

Economics