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The economics is a science that studies the human behaviour as the relation between the . . . and the limited means that have alternatives applications
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The scarcity implies that there are not enough resources to . . . enough to cover all the needs
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The scarcity also implies that all the society's objectives can not be . . . at the same time, so it must follow a priority politics
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Useful means everything that has capacity to satisfy . . . 's needs
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The . . . are the persons or groups who make an economic activity.
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The households make the decisions about what to . . . and they have the most of the productions factors
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The public sector takes part in the economy by making laws that . . . the way that the other economic agents act when they go to the market
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The public sector takes part in the economy by offering, at a . . . price or for free, goods and services that the society things that it must be able to receive all the population
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When the individuals group together in societies, they face differents types of dilemmas. The clasical is the dilemma between “the . . . and the butter”
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The more we spend in national security to protect our coasts from the foreign aggressors (cannons), the less we'll spend in personal goods to improve the standard of living in our country (. . .)
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The legislation that forces the firms to reduce the pollution raises the . . . to produce goods and services
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Higher costs can create lower company profits, lower salaries, . . . prices or all the three things at the same time
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The Production Possibility Frontier (PPF) reflects the . . . good and services' amounts that a society can produce in a fixed time period and with ones production's factors and ones given technological knowledge
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The situations that can be given in a country's productive structure are: inefficient productive structure, efficient productive structure and . . . productive structure
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In the . . . productive structure there are no idle resources and the best technology is utilized
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The Production Possibility Frontier (PPF) is . . . and decreasing
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The Production Possibility Frontier (PPF) is concave because the opportunity cost is . . .
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The displacement of the Production Possiblity Frontier (PPF) can be due to technological improvements, an increase in capital, an increase of workers or the . . . of new natural resources
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The barter or exchange is to buy or to . . . without use cash money
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Appearance of coins.- New products brought new needs that were impossible to satisfy in an . . . society
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The . . . initially, were sacks of salt
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When the exchange is frequent, the barter systems quickly find the need to have some goods with . . . properties
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Today, money only has a value as a . . . instrument (the paper from which a note is composed does not have value)
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By the . . . centuries many countries had a bimetallic standard, based in gold and silver
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With the Gold . . . any citizen could convert the paper money into an equivalent amount of gold
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In the Bretton Woods' Agreements was established that all the currencies would be converted in . . . and only the U.S. dollar would be convertible in gold bars at 35 dollars per ounce for the foreign governments
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By 1971 the European central banks tried to . . . their dollar reserves to gold, creating an unsustainable situation for the USA
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By 1973, the dollar devalued another . . .%, until, finally, the dollar conversion to gold was finished
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Capitalism emerged in . . .
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In . . . the ownership of the means of production is private
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The political doctrine that historically has led the defense and implementation of capitalism has been economic and classic . . .
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The most prominent contemporary representatives scholars for the Austrian school of economics are Ludwing von Mises and . . .
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In the . . . the market doesn't assign the resources, because it's handled by the State
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The centralice planning economy is inspired by . . . theory
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The . . . War happened in the first months after the October Revolution and the appearance of the first Soviet Republics
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The centralice planning economy was extended after the 2nd World War for all The . . . Europe and many asian countries, under the Soviet Union and the Komintern
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Finally, at the end of the . . . century, the USSR fell down with its economic system
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Cuba is trying to defend the centralized economic system by making some reforms or concessions in strategic sectors, like tourism, to the . . . economy, prevailing abroad
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A production process includes actions that happen in a . . . way and produce a change or transformation of materials, objects or systems, at the end of which we obtain a product
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. . . is rewarded by the income
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In present economy . . . is more and more changed by human intervention
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In the economy of knowledge and business development produced since the end of the 20th Century, people consider that technology and science (what has been called R&D -Research and Development- or even . . .) is a 4th factor of production that characterizes more and more the production in the industrialised countries.
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The new factors of production are: . . ., physical capital, material labour and intangible capital (know-how, organization, non-physical but computable assests, intangible labour, knowledge economy)
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. . . can be considered a form of investment, because it increases the abilities of the workers and the production
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To avoid . . . added value is calculated in each stage of the production process
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When a worker executes all the differents tasks necessary to manufacture a product, the performance is . . ., so it is necessary to share the tasks
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. . . in his book “An Inquiry into the Nature and Causes of the Wealth of Nations” says that a person, on his own, can make less than one hundred pins per day, but if we share the job we could make up to ten thousand pins
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The . . . is the ratio of the results and the time used to obtain them
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. . . is connected to the continuous improvement of the Quality management systems and thanks to this quality system people can prevent the quality defects avoiding that they arrive at the final user
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The TFP is a measurement of the effect of the economies of scale, in which the total production increases . . . in proportion to the amount that each factor of production increases.
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The colonies need the foreign powers for their . . .
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. . . designs the product, assigns the prices and chooses the most appropriate channels of distribution and techniques of communication in order to launch a product that will satisfy truly the needs of the costumers
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. . . is in charge of the sales of the products of the enterprise and customer service
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The livestock belongs to the . . . sector
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The main economic activities from . . . sector are: services and trade
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The firms that belong at a group of persons are . . . and social economy firms
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A . . . has between 51 and 250 workers
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In a private sector company, the owners are . . .
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The firm classification according to the market share is: applicant firm, specialist firm, . . . firm and follower firm
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. . . costs are invariable if the activity level has small changes
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Except when there are . . . changes, in the economic units – or productive units – variable costs have a linear behaviour, because the average value per unit tends to be constant
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. . .is the wealth that a person obtains from an economic process
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. . . profit is called loss
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In Andalusia, traditionally the main products have been wheat, olive tree and . .
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The . . . of Riofrio, in Granada, exports 40% of its caviar production, and it competes in international markets with Russian and Iranian caviar
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In total, the forest area is . . .% of the Andalusian area,
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By 1975 the tertiary sector gave employment to . . .%
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What would be the added value in the first stage of the production if the wood is sold at 1.75 €, the wholesale chair at 18.5 € and the retail chair at 25.7 €?
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What would be the added value in the second stage of the production if the wood is sold at 1.75 €, the wholesale chair at 18.5 € and the retail chair at 25.7 €?
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What would be the added value in the third stage of the production if the wood is sold at 1.75 €, the wholesale chair at 18.5 € and the retail chair at 25.7 €?
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What would be the marginal product for two workers, if the total products, according to the number of workers are: 1-3,000, 2-5,800, 3-8,300? Two decimal numbers, by rounding (when it be necessary)
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What would be the marginal product for two workers, if the average products, according to the number of workers are: 1-4,300, 2-3,800, 3-3,000? Two decimal numbers, by rounding (when it be necessary)
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What would be the total product for two workers, if the average products, according to the number of workers are: 1-5,300, 2-4,800, 3-3,000? Two decimal numbers, by rounding (when it be necessary)
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What would be the total product for two workers, if the marginal products, according to the number of workers are: 1-5,300, 2-4,800, 3-3,000? Two decimal numbers, by rounding (when it be necessary)
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What would be the average product for two workers, if the marginal products, according to the number of workers are: 1-15,300, 2-14,800, 3-13,000? Two decimal numbers, by rounding (when it be necessary)
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What would be the average product for two workers, if the total products, according to the number of workers are: 1-15,300, 2-24,800, 3-32,000? Two decimal numbers, by rounding (when it be necessary)