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The economics is a science that studies the human behaviour as the relation between the purpose and the . . . means that have alternatives applications
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The scarcity implies that there are not enough resources to produce . . . to cover all the needs
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The scarcity also implies that all the society's objectives can not be met at the . . ., so it must follow a priority politics
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Useful means everything that has capacity to satisfy human's . . .
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The economics agents are the . . . or groups who make an economic activity.
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The households make the decisions about what to consume and they have the most of the . . .
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The public sector takes part in the economy by making laws that regulate the way that the other . . . act when they go to the market
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The public sector takes part in the economy by offering, at a lower price or . . ., 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 cannons and the . . .”
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In the modern society, the dilemma between a . . . environment and a high income level is also important
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The legislation that forces the firms to reduce the pollution raises the cost to . . . goods and services
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Higher costs can create lower company profits, lower salaries, higher . . . or all the three things at the same time
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The Production Possibility Frontier (PPF) reflects the highest . . .' 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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To be under the . . . signifies that either not all the resources are used (idle resources) or the technology isn't adequate (technology can improve).
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In the efficient productive structure there are no . . . resources and the best technology is utilized
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The Production Possibility Frontier (PPF) is concave and . . .
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The . . . is displaceable, this is, the unattainable points can be reached.
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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 discovery of new natural . . .
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The barter or exchange is to buy or to sell without use . . .
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. . . began with the need to exchange what is owned for what is needed
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The coins initially, were . . .
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Civilitations have adopted several goods as money (. . ., silver, other metals or minerals, wheat, bars of tea in China, etc.)
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The . . . started to issue notes and coins that gave right to the bearer to exchange them for gold or silver from the country's reserves
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By the XVIII and XIX centuries many countries had a . . . standard, based in gold and silver
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With the Gold Standard any citizen could convert the . . . 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 U.S. dollars and only the . . . 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 convert their dollar reserves to gold, creating an unsustainable situation for the . . .
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By 1973, the dollar devalued another 10%, until, finally, the dollar . . . to gold was finished
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Capitalism emerged by the . . . century
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In capitalism the . . . of the means of production is private
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The founding fathers of . . . are John Locke, Juan de Mariana, Adam Smith and Benjamin Franklin
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The most prominent contemporary representatives scholars for the . . . school of economics are George Stigler and Milton Friedman
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The manipulations of the . . . are made with multi-annual economic plans (five-year plans), which explains in great detail the supply, production methods, wages, infraestructura investment, . . .
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The . . . appeared in Russia's Soviet Federal Socialist Republic
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The Russian Civil War happened in the first months after the . . . 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 East Europe and many . . . countries, under the Soviet Union and the Komintern
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Finally, at the end of the 20th century, the . . . fell down with its economic system
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Actually, only . . . follows a centralized economic model, almost without reforms of capitalist type or another type
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A production process includes actions that happen in a planned way and produce a change or transformation of materials, objects or systems, at the end of which we obtain a . . .
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Land is rewarded by the . . .
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Today . . . is considered, a component of capital or a component of a wider natural factor (natural resources or natural capital)
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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 R, D&I - Research, Development and Innovation -) is a . . . factor of production that characterizes more and more the production in the industrialised countries.
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The new factors of production are: natural capital, . . ., material labour and intangible capital (know-how, organization, non-physical but computable assests, intangible labour, knowledge economy)
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Training can be considered a form of . . ., because it increases the abilities of the workers and the production
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To avoid double accounting added value is calculated in each . . . of the production process
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When a worker executes all the differents tasks necessary to manufacture a product, the performance is slow, so it is necessary to . . . the tasks
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Adam Smith in his book “. . .” 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 . . . time used to obtain the wanted result, the more productive the system is
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. . . is connected to the production standards, if people improve these standards then they will save resources and it will be reflected in the increase of their usefulness.
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The TFP is a measurement of the effect of the economies of scale, in which the total production increases more in proportion to the amount that each . . . increases.
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The . . . countries need the colonies to obtain raw material and as markets to sell their goods and/or to export their capitals
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The . . .'s Four P's are: product, price, distribution or place and advertising or promotion.
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The firm clasification according to the . . . is: the primary sector, the secondary sector and the tertiary sector
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The f. . . belong to the primary sector
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The main economic activities from tertiary sector are: . . . and trade
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The firms that belong at a group of persons are corporations and . . . firms
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A . . . has more than 250 workers
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In a . . . company, the owner is the State
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The firm classification according to the market share is: applicant firm, specialist firm, leader firm and . . . firm
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. . . costs are connected with productive structure
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Except when there are structural changes, in the economic units – or productive units – . . . costs have a linear behaviour, because the average value per unit tends to be constant
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. . . is total income minus total production and distribution costs
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Negative . . . is called loss
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In the last decades, in Andalusia, traditional farming has decreased and farming of . . ., rise, beetroot, cotton and sunflower has increased
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The fish farm of . . ., in Granada, exports 40% of its caviar production, and it competes in international markets with Russian and Iranian caviar
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In Andalusia, the value of the production of the forest areas is only . . .% of the agricultural production
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By 2007 the tertiary sector produced . . .% of the GVA
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What would be the added value in the first stage of the production if the wood is sold at 19 €, the wholesale chair at 30 € and the retail chair at 55 €?
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What would be the added value in the second stage of the production if the wood is sold at 19 €, the wholesale chair at 30 € and the retail chair at 55 €?
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What would be the added value in the third stage of the production if the wood is sold at 19 €, the wholesale chair at 30 € and the retail chair at 55 €?
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What would be the marginal product for two workers, if the total products, according to the number of workers are: 1-9,000, 2-17,400, 3-24,900? 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: 1-17,200, 2-15,200, 3-12,000? 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: 1-25,500, 2-24,000, 3-15,000? 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: 1-31,800, 2-28,800, 3-18,000? 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: 1-107,100, 2-103,600, 3-91,000? 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: 1-229,500, 2-372,000, 3-480,000? Two decimal numbers, by rounding (when it be necessary)