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

The scarcity implies that there are not enough . . . to produce enough to cover all the needs

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

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

The . . . make the decisions about what to consume and they have the most of the productions factors

The public sector takes part in the economy by making laws that regulate the way that the other economic agents . . . when they go to the market

The . . . is what an agent loses when he makes a decision

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 . . . in our country (butter)

The legislation that forces the firms to reduce the pollution raises the cost to produce . . .

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

The situations that can be given in a country's productive structure are: inefficient productive structure, . . . productive structure and unattainable productive structure

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

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

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

The beginnings of the . . . go back to the first sedentary communities of human beings.

Bartering began with the need to exchange what is owned for what is needed. although, on occasion, many . . . exchanges were necessary to satisfy needs

When the exchange is frequent, the . . . systems quickly find the need to have some goods with monetary properties

The states started to . . . notes and coins that gave right to the bearer to exchange them for gold or silver from the country's reserves

Between 1870 and the . . . the Gold Standard was mainly adopted

In the . . . was established that all the currencies would be converted in U.S. dollars and only the U.S. dollar would be convertible in gold bars at 35 dollars per ounce for the foreign governments

In . . . of 1971, the president of the United States, Richard Nixon, suspended on his own the dollar conversion to gold and devalued the dollar by 10%

The monetary authorities and the Central Banks take part in the exchange market to calm the . . . speculative fluctuations

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

The founding fathers of capitalism are . . ., Juan de Mariana, Adam Smith and Benjamin Franklin

John Maynar Keynes holds that the State can . . . the effective demand by avoiding the cyclical crisis

The . . . is inspired by Marxist theory

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

Although at the beginning the centralice planning economy was more productive than the . . ., soon the firms stopped being productives and the State became continuously in debt to maintain the full employment

Cuba is trying to defend the . . . economic system by making some reforms or concessions in strategic sectors, like tourism, to the market economy, prevailing abroad

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

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

Today land is considered, a component of . . . or a component of a wider natural factor (natural resources or natural capital)

To the concept of physical capital or financial capital is added the concept of . . . 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, non-physical but computable assests, intangible labour, . . .)

The . . ., generally speaking, deals about specialization and cooperation of the labour forces in tasks and roles, with the objective of improving efficiency.

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

The . . . is the ratio of the obtained production through a production or services system and the resources used to obtain it

Productivity 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 . . .

the relationships between imperialist nations and their . . . aren't unilateral

. . . selects, hires, trains, employes and maintains collaborators of the organization

The firm clasification according to the economic activity is: the primary sector, the secondary sector and the . . . sector

The firms from the . . . sector physically convert some goods in others more useful

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

The firm classification according to the . . . of the activities is: local, regional, national and multinational

In a self-management company, the owners are the . . .

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

Except when there are structural changes, in the economic units – or productive units – variable costs have a . . . behaviour, because the average value per unit tends to be constant

. . . is output value minus input value

In Andalusia, traditionally the main products have been wheat, . . . tree and grapewine.

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

Andalusia has . . .% of the metallic extractions

Algeria, Nigeria and Russia sell to Andalusia mainly oil and account for . . .% of imports

What would be the added value in the first stage of the production if the wood is sold at 3.5 €, the wholesale chair at 10.7 € and the retail chair at 20.4 €?

What would be the added value in the second stage of the production if the wood is sold at 3.5 €, the wholesale chair at 10.7 € and the retail chair at 20.4 €?

What would be the added value in the third stage of the production if the wood is sold at 3.5 €, the wholesale chair at 10.7 € and the retail chair at 20.4 €?

What would be the marginal product for three workers, if the total products, according to the number of workers are: 1-200, 2-386.67, 3-553.33? 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: 1-2,150, 2-1,900, 3-1,500? 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: 1-757.14, 2-685.71, 3-428.57? 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: 1-588.89, 2-533.33, 3-333.33? 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: 1-1,390.91, 2-1,345.45, 3-1,181.82? 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: 1-1,176.92, 2-1,907.69, 3-2,461.54? Two decimal numbers, by rounding (when it be necessary)

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

Cuando hay una oferta de un bien relativamente . . . el coeficiente es bajo

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

Una de las curvas de oferta que no se inclinan hacia arriba es la curva de oferta del . . .

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

A mayor disponibilidad de los factores de producción, . . . oferta

A mayor precio del bien, . . . demanda

Hay movimiento a lo largo de la curva de demanda cuando un cambio en el . . . causa que la cantidad demandada cambie

Un bien . . ., por ejemplo el arroz, es uno que la gente consume más si el precio sube

Cualquier exceso de . . . llevaría a cortes de precios

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

En el corto plazo, los mercados de competencia perfecta tienen una eficiente distribución, ya que la producción bajo competencia perfecta tendrá lugar siempre cuando los . . . 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 precio o ingreso medio está por encima del . . .

En la competencia perfecta hay . . . consumidores con la disposición y capacidad para comprar el producto a un cierto precio y muchos productores con la disposición y capacidad para ofrecer el producto a un cierto precio

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

En el . . . plazo puede ser bueno permitir a una empresa que intente monopolizar un mercado

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

Alcanzar éxito en la adquisición se ha probado que es muy difícil, varios estudios han mostrado que el . . .% de las adquisiciones no tuvieron éxito

En un monopolio bilateral hay ambos, un . . . y un monopsonio en el mismo mercado.

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