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

Decks in this class (34)

law of diminishing returns
No deck description has yet been added by the author.
7  cards
Fixed and Variable costs (AFC, TFC, AVC)
No deck description has yet been added by the author.
9  cards
Marginal and Average Cost Curves
No deck description has yet been added by the author.
4  cards
Total cost curves – TC, TVC, TFC
No deck description has yet been added by the author.
2  cards
LR costs and returns to scale
No deck description has yet been added by the author.
6  cards
Economies of diseconomies of scale
No deck description has yet been added by the author.
17  cards
Revenue – MR, AR + TR
No deck description has yet been added by the author.
7  cards
Profit – normal, supernormal (abnormal) and subnormal
No deck description has yet been added by the author.
14  cards
Objectives of firms – profit max, rev max, sales max, satisficing
No deck description has yet been added by the author.
23  cards
Barriers to entry and exit
No deck description has yet been added by the author.
7  cards
Business efficiency
No deck description has yet been added by the author.
6  cards
Efficiency analysis
No deck description has yet been added by the author.
8  cards
Business Growth
No deck description has yet been added by the author.
35  cards
perfect competition
No deck description has yet been added by the author.
10  cards
Perfect competition - Shutdown points
No deck description has yet been added by the author.
3  cards
Monopoly
No deck description has yet been added by the author.
21  cards
price discrimination
No deck description has yet been added by the author.
9  cards
competitive markets
No deck description has yet been added by the author.
4  cards
Monopolistic competition
No deck description has yet been added by the author.
8  cards
concentration ratios
No deck description has yet been added by the author.
2  cards
oligopoly
No deck description has yet been added by the author.
20  cards
contestable market
No deck description has yet been added by the author.
7  cards
competition policy
No deck description has yet been added by the author.
17  cards
Privatisation
No deck description has yet been added by the author.
3  cards
deregulation
No deck description has yet been added by the author.
5  cards
nationalisation
No deck description has yet been added by the author.
3  cards
Labour
No deck description has yet been added by the author.
46  cards
reasons for business growth and types of firms
No deck description has yet been added by the author.
7  cards
business growth
No deck description has yet been added by the author.
13  cards
Monopsony
No deck description has yet been added by the author.
13  cards
government intervention in product markets
No deck description has yet been added by the author.
23  cards
competition, protecting suppliers and workers
No deck description has yet been added by the author.
17  cards
regulatory capture
No deck description has yet been added by the author.
3  cards
non price competition
No deck description has yet been added by the author.
9  cards

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econ micro

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