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microeconomics

This class was created by Brainscape user Amela Starogorac Daw. Visit their profile to learn more about the creator.

By: Amela Starogorac Daw
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Decks in this class (10)

Chapter 1 The Economic Problem
The highest valued alternative th...,
Calgary is 286 km from edmonton w...,
The factors of production include...
54  cards
Chapter 3
Which of the following describe t...,
Which of the following results in...,
Which of the following describes ...
24  cards
Firms Production
In addition to all the cost infor...,
Production is the activity of a b...,
What do economists mean by the te...
12  cards
Marginal Utility
In economics the amount of satisf...,
The utility of a specific product...,
Marginal utility ______
55  cards
Chapter 2 Demand And Supply
Demand schedule,
Ceteris paribus,
Demand
73  cards
Elasticity
What is being measured when the p...,
Why are percentages used to calcu...,
If a 10 increase in price leads t...
86  cards
Chapter 9
As new firms enter an industry wh...,
What effect will more innovative ...,
An increase in demand can lead to...
93  cards
Chapter 10
A monopoly exists when a single f...,
True or false pepsi could be rega...,
True or false pepsi could be rega...
84  cards
Chapter 11
Which of the following market str...,
What is the market structure wher...,
Which of the following are ways a...
144  cards
Chapter 12
What market are land labour capit...,
Marginal revenue product,
Which of the following best descr...
132  cards

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microeconomics

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