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Reggie YIM
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Decks in this class (10)
F3 - SEM1 - What is Economics? - 1A
What is economics 1,
What are the 2 major issues in ec...,
Making choice is a natural scienc...
17
cards
F3 - SEM1 - Opportunity Cost - 1B
What we have to do when there are...,
What is opportunity cost 2,
What is the opportunity cost when...
13
cards
F3 - SEM1 - Economic Good and Free Good - 1C
What is the definition of good 1,
What is an economic good 2,
What is a free good 3
8
cards
F3 - SEM1 - Chapter Exercise - 1
A scarcity implies that all goods...,
A only poor people face scarcity 2,
John lives in his own apartment w...
14
cards
F3 - SEM1 - Demand, Quantity Demanded and the Law of Demand - 2A
What is demand 1,
What is quantity demand 2,
What are the 2 methods a demand c...
7
cards
F3 - SEM1 - Supply, Quantity supplied and the Law of Supply - 2B
What is supply 1,
What is quantity supplied 2,
Explain the law of supply 3
7
cards
F3 - SEM1 - Market Equilibrium - 2C
What is market equilibrium 1,
What is equilibrium price market ...,
What is equilibrium quantity quan...
4
cards
F3 - SEM1 - Change in Demand - 2D
What are the 2 possible direction...,
How does increase in demand affec...,
How does decrease in demand affec...
4
cards
F3 - SEM1 - Change in Supply - 2E
What are the 2 possible direction...,
What are the other factors that c...,
Blank 3
3
cards
F3 - SEM1 - Chapter Exercise - 2
A demand curve is downward sloping 1,
Refer to the following demand and...,
A the price of iphone 12 decrease 3
10
cards
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FSS - ECONOMICS
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