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Catégorie :Category: nCreator TI-Nspire
Auteur Author: hfjdkkkff
Type : Classeur 3.0.1
Page(s) : 1
Taille Size: 3.17 Ko KB
Mis en ligne Uploaded: 18/10/2024 - 19:28:39
Uploadeur Uploader: hfjdkkkff (Profil)
Téléchargements Downloads: 1
Visibilité Visibility: Archive publique
Shortlink : http://ti-pla.net/a4261924
Type : Classeur 3.0.1
Page(s) : 1
Taille Size: 3.17 Ko KB
Mis en ligne Uploaded: 18/10/2024 - 19:28:39
Uploadeur Uploader: hfjdkkkff (Profil)
Téléchargements Downloads: 1
Visibilité Visibility: Archive publique
Shortlink : http://ti-pla.net/a4261924
Description
Fichier Nspire généré sur TI-Planet.org.
Compatible OS 3.0 et ultérieurs.
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Quiz #3 What is a zero-sum game? A zero-sum game is a situation in which one participant's gain is exactly balanced by another participant's loss, meaning the total benefit remains constant. It implies that resources are fixed. Is trade a zero-sum game? Trade is not a zero-sum game ; rather, it can create value and benefits for all parties involved, allowing for mutual gains through specialization and exchange. What is Absolute Advantage? Absolute advantage refers to the ability of an individual or group to carry out a particular economic activity more efficiently than another individual or group. What is Comparative Advantage? Comparative advantage is the ability to produce a good or service at a lower opportunity cost than others, which encourages trade and specialization. What Is the Production Possibility Frontier (PPF)? The Production Possibility Frontier (PPF) is a curve that illustrates the maximum feasible amount of two goods that can be produced with available resources and technology, showing trade-offs between them. Under what assumptions is the production possibilities frontier also the consumption possibilities frontier? The PPF is also the consumption possibilities frontier under the assumption that all goods produced are consumed and that there is no trade. This reflects a closed economy scenario. We have gains from trade because trade allows each of the economic agents to specialize in what they do best. What does it mean to do something best? To do something best means to produce a good or service at the lowest opportunity cost, maximizing efficiency and output through specialization. Why does trade expand consumption possibilities? Trade expands consumption possibilities by allowing individuals and countries to access a greater variety of goods and services than they could produce on their own, enhancing overall welfare. What is a Market? A market is a platform or system where buyers and sellers interact to exchange goods and services, determining prices through supply and demand dynamics. What is a Competitive Market? What is a Perfectly Competitive Market? A competitive market is one where many buyers and sellers operate, leading to price competition. A perfectly competitive market is a theoretical model where all firms sell identical products, and no single buyer or seller can influence the market price. Made with nCreator - tiplanet.org
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Compatible OS 3.0 et ultérieurs.
<<
Quiz #3 What is a zero-sum game? A zero-sum game is a situation in which one participant's gain is exactly balanced by another participant's loss, meaning the total benefit remains constant. It implies that resources are fixed. Is trade a zero-sum game? Trade is not a zero-sum game ; rather, it can create value and benefits for all parties involved, allowing for mutual gains through specialization and exchange. What is Absolute Advantage? Absolute advantage refers to the ability of an individual or group to carry out a particular economic activity more efficiently than another individual or group. What is Comparative Advantage? Comparative advantage is the ability to produce a good or service at a lower opportunity cost than others, which encourages trade and specialization. What Is the Production Possibility Frontier (PPF)? The Production Possibility Frontier (PPF) is a curve that illustrates the maximum feasible amount of two goods that can be produced with available resources and technology, showing trade-offs between them. Under what assumptions is the production possibilities frontier also the consumption possibilities frontier? The PPF is also the consumption possibilities frontier under the assumption that all goods produced are consumed and that there is no trade. This reflects a closed economy scenario. We have gains from trade because trade allows each of the economic agents to specialize in what they do best. What does it mean to do something best? To do something best means to produce a good or service at the lowest opportunity cost, maximizing efficiency and output through specialization. Why does trade expand consumption possibilities? Trade expands consumption possibilities by allowing individuals and countries to access a greater variety of goods and services than they could produce on their own, enhancing overall welfare. What is a Market? A market is a platform or system where buyers and sellers interact to exchange goods and services, determining prices through supply and demand dynamics. What is a Competitive Market? What is a Perfectly Competitive Market? A competitive market is one where many buyers and sellers operate, leading to price competition. A perfectly competitive market is a theoretical model where all firms sell identical products, and no single buyer or seller can influence the market price. Made with nCreator - tiplanet.org
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