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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 produce enough to cover . . . the needs
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Useful means . . . that has capacity to satisfy human's needs
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The . . . are the persons or groups who make an economic activity.
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The firms make the decisions about the . . . and the distribution
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The public sector takes part in the economy by redistributing the . . .
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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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In the modern society, the dilemma between a clean environment and a high . . . is also important
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Higher costs can create lower company . . ., lower salaries, higher 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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To be under the PPF signifies that either not all the resources are used (idle resources) or the technology isn't adequate (technology can . . .).
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The . . . productive structure is theoretical because no country can produce more than is possible
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The Production Possibility Frontier (PPF) is concave because the opportunity cost is . . .
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The barter or exchange is to . . . or to sell by using a product or service instead of money as a exchange money
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The first sedentary communities of human beings knew agriculture and shepherding, they lived . . . than their nomadic ancestors and they enjoyed better security
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The . . . initially, were sacks of salt
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Civilitations have adopted several goods as money (gold, silver, other metals or minerals, . . ., bars of tea in China, etc.)
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The states started to issue notes and coins that gave right to the bearer to . . . them for gold or silver from the country's reserves
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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 U.S. dollars and only the U.S. dollar would be convertible in gold bars at . . . dollars per ounce for the foreign governments
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In December of 1971, the president of the United States, Richard Nixon, suspended on his own the dollar conversion to gold and . . . the dollar by 10%
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Capitalism emerged in . . .
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In . . . the distribution, production and prices of goods and services are usually determinated by some type of free market
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. . . thinking, in economics, holds that the government's role must to be reduced as much as possible.
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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 . . . appeared after the 1st World War
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The centralice planning economy got worse with Stalin and his followers, when the Soviet Union was born, with the so-called . . . politics
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Finally, at the end of the . . . century, the USSR fell down with its economic system
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The andalusian economy, like the spanish economy, has a . . . economic system wiht a lot of importance placed on the market economy
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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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Labour is rewarded by the . . .
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In the economy of knowledge and . . . 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 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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Training can be considered a form of investment, because it increases the . . . of the workers and the production
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The division of labour, generally speaking, deals about specialization and cooperation of the labour forces in . . . and roles, with the objective of improving efficiency.
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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 less time used to obtain the wanted result, the more . . . the system is
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The . . . is the difference between the increase rate of the production and the weighted increase rate of factors (labour, capital, ...).
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The colonies need the foreign powers for their . . .
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The Grundy's Four P's are: product, . . ., distribution or place and advertising or promotion.
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The a. . . belongs to the primary sector
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The main economic activities from . . . sector are: services and trade
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The firm classification according to the size is: . . ., Small enterprise, Medium-sized enterprise and Great enterprise
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The firm classification according to who is the owner is: private sector company, public sector company, . . . company and self-management company
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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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Fixed costs are also called . . . costs
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In Microeconomic Theory variable costs are not . . ., at the beginning they are more increasing but after that they are less increasing
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. . . profit is called loss
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In the last decades, in Andalusia, traditional farming has decreased and farming of wheat, rise, . . ., cotton and sunflower has increased
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The Andalusian livestock is . . .% of the national livestock
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In Andalusia, . . . sector has had a very important increase in the last decades
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What would be the added value in the first stage of the production if the wood is sold at 13 €, the wholesale chair at 27 € and the retail chair at 36 €?
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What would be the added value in the second stage of the production if the wood is sold at 13 €, the wholesale chair at 27 € and the retail chair at 36 €?
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What would be the added value in the third stage of the production if the wood is sold at 13 €, the wholesale chair at 27 € and the retail chair at 36 €?
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What would be the marginal product for three workers, if the total products, according to the number of workers are: 1-13,000, 2-15,800, 3-18,400? Two decimal numbers, by rounding (when it be necessary)
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What would be the marginal product for three workers, if the average products, according to the number of workers are: 1-14,300, 2-13,800, 3-13,000? Two decimal numbers, by rounding (when it be necessary)
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What would be the total product for three workers, if the average products, according to the number of workers are: 1-15,300, 2-14,800, 3-13,200? Two decimal numbers, by rounding (when it be necessary)
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What would be the total product for three 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 three workers, if the marginal products, according to the number of workers are: 1-115,300, 2-114,800, 3-113,000? Two decimal numbers, by rounding (when it be necessary)
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What would be the average product for three workers, if the total products, according to the number of workers are: 1-115,300, 2-124,800, 3-132,000? Two decimal numbers, by rounding (when it be necessary)
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La elasticidad es la medida de la forma en que la . . . ofrecida reacciona a un cambio en el precio
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La oferta es normalmente más . . . en el largo plazo que en el corto plazo para bienes producidos
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Si los comerciantes tienen más bienes en stock podrán responder a un cambio en el precio más . . .
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Donde la curva de oferta del trabajo se está inclinando hacia arriba y hacia la derecha (elasticidad positiva de la oferta de trabajo frente al salario), el efecto de . . . es mayor que el efecto ingreso
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A mayor precio del producto, . . . oferta
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A mayor competición, mayor . . .
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A . . . población, mayor demanda
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La curva de . . . usualmente tiene una asociación negativa
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En la situación del bien . . ., no hay disponibles más baratos y cercanos sustitutos. Por la falta de sustitutos, el efecto ingreso domina, guiando a la gente a comprar más del bien, incluso si su precio aumenta.
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Cualquier exceso de . . . llevaría a que el precio se incremente
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En la economía neoclásica y en la microeconomía, la competencia perfecta describe la perfecta forma de ser de un mercado en el que hay . . . empresas pequeñas, todas produciendo bienes homogéneos
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En el . . . plazo, los mercados de competencia perfecta son productivamente eficientes
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En competencia perfecta, a largo plazo, la llegada de nuevas empresas o la expansión de las existentes en el mercado causa que la curva de demanda de cada empresa se desplace hacia abajo, trayendo hacia abajo al mismo tiempo al . . ., a la curva de ingreso medio y a la curva de ingreso marginal.
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En la . . . hay una información perfecta, para ambos consumidores y productores
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Un monopolio concedido por el gobierno o monopolio legal es aprobado por el estado, a menudo para dar un incentivo a invertir en aventuras . . .
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Una . . . puede parecerse a una absorción pero resulta en un nuevo nombre para la compañía (a menudo combinando los nombres de las compañías originales) y en una nueva marca
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Cuando una adquisición es . . ., las compañías cooperan en las negociaciones
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Un monopolio artificial es un monopolio creado por el gobierno por medio de barreras artificiales para entrar como patentes y . . .
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Un ejemplo primario de un . . . es la OPEP que tiene una profunda influencia en el precio internacional del petróleo.
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El mercado de . . . es el mercado para títulos, donde las empresas y los gobiernos pueden recaudar fondos a largo plazo