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Economics Theme 3
> The impact of government intervention > Flashcards
The impact of government intervention Flashcards
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Economics Theme 3
(20 decks)
Size and types of firms
Business growth
Demergers
Business Objectives
Revenue
Costs
Economies and diseconomies of scale
Normal profits, supernormal profits and losses
Efficiency
Perfect competition
Monopolistic competition
Oligopoly
Monopoly
Monopsony
Contestability
Demand For Labour
Supply Of Labour
Wage determination in competitive and non-competitive markets
Government intervention
The impact of government intervention
