Econ Unit 1 by Abigail Wann https://padlet.com/abigail_wann/lzmet7ymz4xm Midterm review en-us 2018-10-08 12:02:39 UTC 2026-01-02 08:31:18 UTC hello@padlet.com PPC abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290251947 Labeled points ]]> 2018-10-08 12:16:36 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290251947 Know four factors of production + (examples) abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290253147 Land; natural resources used to produce goods and services
Labor; size/education level of the workforce
Capital; wealth and infrastructure
Entrepreneurship; creativity and risk needed to develop new goods and services

]]> 2018-10-08 12:19:33 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290253147 Economic Questions abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290254564 What goods and services should be produced?
How should these goods and services be produced? 
Who consumes these goods and services?

]]> 2018-10-08 12:23:08 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290254564 Scarcity abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290255174 2018-10-08 12:24:35 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290255174 Public VS Private goods abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290255460 2018-10-08 12:25:20 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290255460 PPC Points abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290255990 2018-10-08 12:26:40 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290255990 Opportunity cost abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290256468 2018-10-08 12:27:57 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290256468 Specialization abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290257073 2018-10-08 12:29:28 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290257073 Economic systems abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290257416 2018-10-08 12:30:17 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290257416 Microeconomics Introduction abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290258285 2018-10-08 12:32:31 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290258285 abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290258587 2018-10-08 12:33:19 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290258587 Marginal cost and benefit abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290259272 2018-10-08 12:35:17 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290259272 productive resources abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290260619 2018-10-08 12:38:16 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290260619 Scarcity Meme abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290261391 2018-10-08 12:39:41 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290261391 Trade off meme abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290262418 2018-10-08 12:41:33 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290262418 definitions of econ questions abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290263292 2018-10-08 12:43:14 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290263292 Market and command economies abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290264904 2018-10-08 12:46:35 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290264904 Difference between public good and private abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290265301 Private goods; A private good is both rivalrous and excludable; IF ITS YOUR ITS YOURS
Public goods; A public good is both non-valorous and non-excusable; you don't have to pay for something to enjoy it, such as air
]]> 2018-10-08 12:47:29 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290265301 opportunity cost and trade offs abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290266118 O.C what you give up
T.O What you gain by giving it up
]]> 2018-10-08 12:49:03 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290266118 Capital VS Human Capital abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290266778 2018-10-08 12:50:00 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290266778 Econ Systems Continuum abigail_wann https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290267385 2018-10-08 12:51:22 UTC https://padlet.com/abigail_wann/lzmet7ymz4xm/wish/290267385