Intro: Topic 4 -- Production Possibilities
Welcome to Advanced Placement Macroeconomics with Mr. Willis!
This is the fourth video of our "Intro to Macro" video lecture series, which is part of your summer assignment. Watch the video and take notes on it. We'll discuss the subject matter and practice the principles associated with it during the first week of the course.
This video lecture analyzes production possibilities and how scarcity forces economies to make decisions on how to allocate their scarce resources. Together, we will practice calculating the opportunity cost of production, and then investigate how countries weigh costs and benefits when allocating resources to meet the needs of their people. It is the perfect way to build your understanding of the opportunity costs of producing goods and services!
Смотрите видео Intro: Topic 4 -- Production Possibilities онлайн, длительностью часов минут секунд в хорошем качестве, которое загружено на канал You Will Love Economics 09 Июнь 2017. Делитесь ссылкой на видео в социальных сетях, чтобы ваши подписчики и друзья так же посмотрели это видео. Данный видеоклип посмотрели 4,917 раз и оно понравилось 36 посетителям.
