The . . . is a science that studies the human behaviour as the relation between the purpose and the limited means that have alternatives applications

The scarcity implies that . . . enough resources to produce enough to cover all the needs

The scarcity also implies that all the society's objectives can not be . . . at the same time, so it must follow a priority politics

Human . . . have developed the politics to decide the priorities and the way to satisfy them

The economic agents are: households, . . . and public sector

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

The public sector takes part in the economy by offering, at a lower price or for free, goods and services that the society things that it must be able to . . . all the population

The more we spend in national security to protect our coasts from the foreign aggressors (cannons), the less we'll spend in . . . to improve the standard of living in our country (butter)

The legislation that forces the firms to reduce the pollution raises the . . . to produce goods and services

The Production Possibility Frontier (PPF) is the group of . . . or technologies' combinations that reach the highest production

The Production Possibility Frontier (PPF) reflects the highest good and services' amounts that a society can produce in a fixed time period and with ones production's factors and ones given . . .

In the . . . productive structure there are no idle resources and the best technology is utilized

The Production Possibility Frontier (PPF) is . . . because in order to produce more of one good it is necessary to produce less of another

The displacement of the Production Possiblity Frontier (PPF) can be due to technological . . ., an increase in capital, an increase of workers or the discovery of new natural resources

The barter or exchange is to buy or to . . . without use cash money

Bartering began: with the need to exchange what is . . . for what is needed

The . . . used the barter or exchange as the basis of their commercial system

Today, money only has a value as a . . . instrument (the paper from which a note is composed does not have value)

By the XVIII and XIX centuries many countries had a bimetallic standard, based in . . .

By the end of the . . . the allies established a new financial system in the Bretton Woods' Agreements

By 1971 the European central banks tried to . . . their dollar reserves to gold, creating an unsustainable situation for the USA

The monetary authorities and the Central Banks don't try to defend any particular level of . . . rate, but they take part in the exchange market

In . . . the profit is fixed in economic action so that capital accumulates.

The political doctrine that historically has led the defense and implementation of capitalism has been economic and classic . . .

The most prominent contemporary representatives scholars for the Chicago school of economics are George Stigler and . . .

In the . . ., because the wages and the prices were fixed by the State, the firms needn't be competitive and the workers were unmotivated, because they earned the same if they did their work well or badly.

The . . . War happened in the first months after the October Revolution and the appearance of the first Soviet Republics

The centralice planning economy was extended after the 2nd World War for all The East Europe and many asian countries, under the Soviet Union and the . . .

Nowdays Russia and the East countries go toward a Market Economy. China is looking for a . . .

A . . . converts inputs into outputs (goods or services) with physical, technological, human and other types of resources

The three factors that Classic economists use are: . . ., labour and capital

In present economy . . . is more and more changed by human intervention

To the concept of . . . capital or financial capital is added the concept of human capital or intellectual capital, even social capital, as a way of explaining the improvement of the productivity that isn't due to the other factors

The new factors of production are: natural capital, physical capital, material labour and Intangible capital (know-how, organization, . . ., intangible labour, knowledge economy)

To avoid . . . added value is calculated in each stage of the production process

The types of division of labour are: . . . division, vertical division and collateral division

The . . . product is the variation that the total production experiences when it uses one additional unit of factor

. . . 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

The interdependence is . . . inflexible

The . . . is in charge of organizing the factors of production, capital and labour

. . . is in charge of the sales of the products of the enterprise and customer service

The m. . . belongs to the primary sector

In the firms that belong to only one person, this person has an . . . responsability (with everything he owns)

A . . . has between 51 and 250 workers

In a . . . company, the owners are individuals and the State

. . . costs are those that a company has in a production process or activity. They are the sum of fixed costs and variable costs

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

Profit is total income . . . total production and distribution costs

In Andalusia, the primary sector takes up . . .% of the working population

The . . . of Riofrio, in Granada, exports 40% of its caviar production, and it competes in international markets with Russian and Iranian caviar

In total, the forest area is . . .% of the Andalusian area

In Andalusia, trade is focused in the export of food and agriculture products and in the import of . . . products

What would be the added value in the first stage of the production if the wood is sold at 100 €, the wholesale chair at 150 € and the retail chair at 210 €?

What would be the added value in the second stage of the production if the wood is sold at 100 €, the wholesale chair at 150 € and the retail chair at 210 €?

What would be the added value in the third stage of the production if the wood is sold at 100 €, the wholesale chair at 150 € and the retail chair at 210 €?

What would be the marginal product for three workers, if the total products, according to the number of workers are: 1-60,000, 2-116,000, 3-166,000? Two decimal numbers, by rounding (when it be necessary)

What would be the marginal product for three workers, if the average products, according to the number of workers are: 1-107,500, 2-95,000, 3-75,000? Two decimal numbers, by rounding (when it be necessary)

What would be the total product for three workers, if the average products, according to the number of workers are: 1-185,500, 2-168,000, 3-105,000? Two decimal numbers, by rounding (when it be necessary)

What would be the total product for three workers, if the marginal products, according to the number of workers are: 1-212,000, 2-192,000, 3-120,000? Two decimal numbers, by rounding (when it be necessary)

What would be the average product for three workers, if the marginal products, according to the number of workers are: 1-765,000, 2-740,000, 3-650,000? Two decimal numbers, by rounding (when it be necessary)

What would be the average product for three workers, if the total products, according to the number of workers are: 1-918,000, 2-1,488,000, 3-1,920,000? Two decimal numbers, by rounding (when it be necessary)

La . . . es la cantidad de bienes y servicios que los productores ofrecen a diferentes precios y condiciones dadas en un determinado momento

Si, en respuesta a un incremento de un 10% en el precio de un bien, la cantidad ofrecida se incrementa en un . . . %, la elasticidad de la oferta sería 2

Mientras . . . sea la capacidad sobrante que hay en una industria, más fácil sería incrementar la producción si los precios suben

La “ley de oferta” quiere decir que los productores ofrecerán . . . de un servicio, producto o recurso si su precio se incrementa.

Donde la curva de oferta del trabajo se inclina hacia arriba y hacia la izquierda (elasticidad negativa), el efecto . . . es mayor que el efecto sustitución.

A mayor mercado, . . . oferta

La demanda es la cantidad de bienes y servicios que los . . . están dispuestos y pueden comprar a diferentes precios y condiciones dadas en un determinado momento

Si los productos son complementarios, a . . . precio de uno de ellos, menor demanda del otro

. . . los precios de los bienes Veblen decrece la preferencia de la gente por comprarlos porque no son percibidos por más tiempo como productos exclusivos o de alto standing,

En la mayoría de las interpretaciones, economistas clásicos tales como Adam Smith mantuvieron que el mercado libre tendería hacia el . . . a través del mecanismo del precio

El coste . . . del tiempo empleado en viajar usualmente se calcula como el producto del tiempo de viaje y el valor del tiempo de los viajeros

En el . . . plazo, los mercados de competencia perfecta tienen una eficiente distribución, ya que la producción bajo competencia perfecta tendrá lugar siempre cuando los costes marginales son iguales al ingreso marginal, y por consiguiente cuando el coste marginal es igual al ingreso medio.

En competencia perfecta, en el corto plazo, es posible para una empresa aislada hacer beneficio si el . . . o ingreso medio está por encima del coste medio

En el largo plazo, la empresa hará solamente normal beneficio (beneficio económico nulo). Su curva de demanda horizontal tocará su curva de costes totales medios en su punto más . . .

Los . . . están caracterizados por una falta de competencia económica para el bien o servicio que ellos proveen y una falta de bienes sustitutivos viables

Típicamente un monopolio selecciona un precio más . . . y una cantidad menor de producción que una empresa precio-aceptante

Una . . ., también conocida como absorción o “comprar su parte a”, es la compra de una compañía (el objetivo) por otra

Una . . . inversa ocurre cuando una compañía privada que tiene fuertes perspectivas y que está impaciente por crecer financieramente compra una compañía públicamente cotizada

Un . . . es una forma de mercado en la cual sólo un comprador se enfrenta a muchos vendedores

Los . . . mantienen que la curva de oferta de la tierra es perfectamente inelástica (es decir, elasticidad cero).

Los principales determinantes del mercado de capitales son la . . . y el tipo de interés