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econ 1010

This class was created by Brainscape user Turner Griscowsky. Visit their profile to learn more about the creator.

By: Turner Griscowsky
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Decks in this class (8)

Chapter 1
Scarcity,
Incentive,
Economics
56  cards
Chapter 4
When supply decreases _____________,
If the quantity demanded is not v...,
If the quantity demanded is very ...
74  cards
Chapter 2
Production possibilities frontier...,
The ppf illustrates ________ beca...,
We can produce at any point insid...
55  cards
Chapter 3
When you need a new pair of runni...,
A market has two sides ______ and...,
There are markets for _____ such ...
133  cards
Chapter 5
What are the alternative methods ...,
When a market price _________ a s...,
Wo kinds of people decide not to ...
94  cards
Chapter 6
Price ceiling or price cap,
The effects of a price ceiling on...,
A price ceiling set above the equ...
91  cards
Chapter 8
The choices that you make as a bu...,
Your consumption possibilities ar...,
You can afford many different com...
64  cards
Chapter 9
Budget line,
Real income,
Relative price
19  cards

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econ 1010

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