Unit 1a: Scarcity, Opportunity Costs, PPC, Trade

63 min videoapril 2, 2020

You must be logged in to view this content

Sign in or create an account today!


Allison Powell

We discussed scarcity, opportunity costs, the production possibilities curve, absolute advantage, comparative advantage, and terms of trade.

💬The Question & Answer section has moved. Find it above in the new Q&A tab!
📱 Stressed or struggling and need to talk to someone?
Talk to a trained counselor for free. It's 100% anonymous.
Text FIVEABLE to 741741 to get started.
© 2021 Fiveable, Inc.