Chpt 1 sect 3
Help!
|
|
||||
|---|---|---|---|---|---|
| Production possibilities curve | a graph that shows alternative ways to use an economy's resources
🗑
|
||||
| Production possibilities frontier | The line on a production possibilities graph that shows the maximum possible output
🗑
|
||||
| Efficiency | Using resources in such a way as to maximize the production of goods and services
🗑
|
||||
| Underutilization | Using fewer resources than an economy is capable of using
🗑
|
||||
| Cost | The alternative that is given up because of a decision
🗑
|
||||
| Law of increasing costs | law that states that as we shift factors of production from making one good or service to another, the cost of producing the second item increases
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
acoronado