PPT-How Scarcity Affects Satisfaction

View as slide show Scarcity and satisfaction Adapted from AdPrincom Laundry detergent case In 1972 due to environmental concerns Miami Florida prohibited the sale possession and use of laundry detergent that contained phosphates. ECO23/PSY23 Behavioral Economics. Udayan. Roy. A Behavioral Economics Approach to the Poor. Scarcity: Why Having Too Little Means So Much. By . Sendhil. . Mullainathan. and . Eldar. . Shafir. , Times Books, 2013. University High School. Mr. Barnett. Cathenne. wants:. Kevin, Emilia, . Dayanna. . want:. Tessa wants:. Joseph wants to:. Courtney wants:. Stephanie, Catalina, . Chenxi. . want:. Michelle wants:. Timothy wants:. 2012. Comprehensive. Prowess. Prowess. A. carefree. B. Illogical fear. C. skillfu. l. insouciant. insouciant. A. carefree. B. Handed down. C. gloomy. dearth. dearth. A. Scarcity of. B. Illogical fear. Production and . Opportunity Cost. Texas Council on Economic Education. Laura Ewing. Kindergarten Social Studies Economics Strand TEKS. (6)  Economics. The student understands that basic human needs and wants are met in many ways. The student is expected to:. University High School. Mr. Barnett. Cathenne. wants:. Kevin, Emilia, . Dayanna. . want:. Tessa wants:. Joseph wants to:. Courtney wants:. Stephanie, Catalina, . Chenxi. . want:. Michelle wants:. Timothy wants:. Scarcity. The . basic economic problem that arises because people have unlimited wants but resources are limited. Because of scarcity, various economic decisions must be made to allocate resources efficiently. . The Patient Experience and it’s importance in healthcare today. . Patient Satisfaction . There is a new face to healthcare, and a pay for value environment will affect healthcare reimbursement for years to come…. (Caspers & Pickard, 2013). Even elite athletes, major universities, and professional team owners must make decisions based on limited resources.. A coach cannot assign a talented athlete to play two positions nor can he use his practice time to review every possible on-field contingency.. ECONOMICS OF SCARCITY. Areas. Area. Land. mass. Pop. Cult. land. Prot. . $. Per cap $. Africa. Asia. Europe. Latin Am. Australia/Oceania. North America. Antarctica. Land mass each area comprises. Area. Not enough goods or goodness. SPIRAL . OF. . POWERLESSNESS. Almost everything—from food to energy--is scarce. . Humans are selfish & competitive. . So we’re incapable of coming together for the common good. absolute advantage . capital . command economy . comparative advantage. consumer goods . consumer sovereignty . economic growth . economic problem . Investment. Productive resources. . http://nanosense.sri.com/activities/finefilters/watercrisis/FF_Lesson1Teacher.pdf. . (in class). World Water gap. http://www.grida.no/publications/vg/water2/page/3240.aspx. (in class). Many people live in water stressed regions. C. ase . study Colorado River Basin. LO: explain how the water is being managed in the Colorado River basin. Water scarcity hotspots. According to the International Water Management Institute environmental research . United Way of Greater Houston. Objectives. Review various models of poverty. Learn how scarcity impacts low-income persons and their ability to move out of poverty. Discuss scarcity model and its implications for helping I&R callers.