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Este Cmap, tiene informaciĆ³n relacionada con: CONTEXTO ECONOMICO-CAPITULO 2 PARTE 1, Depending on the willingness to pay for the good Decreases if Increases the quantity of the good produced, Production possibilities frontier(PPF) Production Efficiency Using all available resources to their full capacity, Production Possibilities and Opportunity Cost Allocative Efficiency Is when goods and resources are produced, Using all available resources to their full capacity is the limit between Unproductive production levels, Production possibilities frontier(PPF) Production Efficiency Occurs in the different groups that are part of PPF, Production Possibilities and Opportunity Cost Opportunity Cost Marginal benefit, Marginal Cost is Opportunity cost incurred in producing one unit more of the good, The benefit received from consuming one more unit of a good. it is measured Depending on the willingness to pay for the good, Using all available resources to their full capacity is the limit between Affordable production levels, Marginal benefit is The benefit received from consuming one more unit of a good., Is when goods and resources are produced ???? At the lowest possible cost, Production Possibilities and Opportunity Cost Opportunity Cost Increases if the production of the good inbcreases, Is when goods and resources are produced ???? In the quantities that provide the greatest benefit that can be obtained, Production Possibilities and Opportunity Cost Allocative Efficiency Resources are used efficiently, Production Possibilities and Opportunity Cost Opportunity Cost Marginal Cost, Resources are used efficiently if Marginal Cost = Marginal Benefit, Production Possibilities and Opportunity Cost Production possibilities Production possibilities frontier(PPF), Production Possibilities and Opportunity Cost Opportunity Cost The cost of an investment that is not realized