Brainscape
Find Flashcards
Make Flashcards
Why It Works
More
Educators
Businesses
Tutors & resellers
Content partnerships
Academy
About
Educators
Teachers & professors
Content partnerships
Tutors & resellers
Businesses
Employee training
Content partnerships
Tutors & resellers
Academy
About
Log in
Log in
Get Started
Brainscape's Knowledge Genome
TM
Entrance Exams
Professional Certifications
Foreign Languages
Medical & Nursing
Science
English
Humanities & Social Studies
Mathematics
Law
Vocations
Health & Fitness
Business & Finance
Technology & Engineering
Food & Beverage
Fine Arts
Random Knowledge
Top Flashcards (Certified)
All Flashcards
Microeconomics
> Price determination > Flashcards
Price determination Flashcards
(0 cards)
Start Studying
Microeconomics
(19 decks)
The economic problem
Production possibility frontiers
Types of economy
Key words
Rational decision making
Demand
Price elasticity of demand
Income and cross elasticities
Supply
Price determination
Indirect taxes and subsidies
Alternative view of consumer behaviour
The price mechanism
Types of market failure
Externalities
Information gaps
Public and merit goods
Government intervention in markets
Government failure
