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Karunesh Chummun
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Decks in this class (10)
3.1 Business Growth
What are the reasons some firms t...,
What is the principal agent probl...,
What are the two sectors of the u...
15
cards
3.2 Business Objectives
What determines a firm s motives 1,
What is the primary goal of profi...,
Why do firms aim for short run pr...
18
cards
3.3 Revenues, Costs and Profits
What is revenue 1,
Define total revenue tr 2,
What is average revenue ar 3
38
cards
3.4 Market Structures
What is efficiency in the context...,
Define allocative efficiency 2,
What is productive efficiency 3
72
cards
3.5 Labour Markets
What does the demand curve for la...,
What is derived demand in the con...,
Name a factor influencing demand ...
43
cards
3.6 Gov Intervention
What is the main role of the comp...,
What does slc stand for in the co...,
Under what conditions is a merger...
38
cards
1.1 Nature of Economics
What do economists develop to exp...,
What is the term used by economis...,
What distinguishes positive state...
46
cards
1.2 How Markets Work
What do economists develop to exp...,
What is the term used by economis...,
What distinguishes positive state...
46
cards
1.3 Market Failure
What is market failure 1,
What are the three main types of ...,
Define externality 3
22
cards
1.4 Gov Intervention
What is indirect taxation used fo...,
What happens to the equilibrium p...,
What are two advantages of indire...
32
cards
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Micro
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