Economics
eco
eco
22
0.0 (0)
Kartei Details
| Karten | 22 |
|---|---|
| Sprache | English |
| Kategorie | BWL |
| Stufe | Universität |
| Erstellt / Aktualisiert | 07.01.2023 / 09.01.2023 |
| Lizenzierung | Keine Angabe |
| Weblink |
https://card2brain.ch/box/20230107_economics
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| Einbinden |
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- What is the main focus of economics?
Economics is the study of how people and societies choose to use limited resources to satisfy their unlimited wants.
- What is the opportunity cost of an activity?
The opportunity cost of an activity is the value of the next-best alternative foregone.
- What is an incentive?
What is the basic economic problem?
- What is the basic economic problem?
The basic economic problem is the scarcity of resources, which forces people to make choices about how to allocate them.
