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Nikita Saini
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Decks in this class (19)
3.1.1
What is the distinction between a...,
What is the principle agent probl...,
Why is divorce of ownership from ...
8
cards
3.1.2
What is organic growth definition...,
What is external growth and what ...,
Define horizontal integration 3
18
cards
3.1.3
Define demergers 1,
Wha are the reasons for demergers 2,
What is the impact of demergers o...
7
cards
3.2.1
Define profit satisficing 1,
Draw a profit satisficing diagram 2,
Why might a firm do profit satisf...
7
cards
3.3.1
What is total revenue formula 1,
What is average revenue formula 2,
What is marginal revenue formula 3
7
cards
3.3.2
Show a fall in fixed costs on dia...,
Define long run average cost 2
2
cards
3.3.3
Define internal economies of scale 1,
What are the 6 type so finternal ...,
Explain financial economies of sc...
6
cards
3.4.1
What is allocative efficency 1,
What are the consequences of allo...,
How will a firm operating in perf...
8
cards
3.4.2
Explain how firms in perfect comp...,
What are characteristics of perfe...,
How do firms in perfect competiti...
9
cards
3.4.3
Define monopolistic competition 1,
What are the charactertistics of ...,
What are the differences of monop...
10
cards
3.4.5
Define monopoly 1,
What are the characteristics of a...,
What happens when a monopoly is a...
15
cards
3.4.4
Define an oligopoly 1,
What are the 4 charactertics of a...,
Define interdependance 3
26
cards
3.4.6
Define monopsony 1,
What are the characteristics of a...,
What are the benefits of becoming...
6
cards
3.4.7
Define a contestable market 1,
What are the characteristics of a...,
How do firms behave in a contesta...
8
cards
3.5.3
Draw the diagram and analysis for...,
What is the impact of minimum wage 2,
What is the impact of minimum wage 3
8
cards
3.5.1
What factors determine the elasti...,
What factors cause shifts in labo...,
Define labour supply 3
17
cards
3.6.1
What is the government interventi...,
What price regulation that govern...,
What are the advanatges of price ...
27
cards
3.6.2
Define regulatory capture 1,
What are the consequences of regu...,
What are causes of regulatory cap...
4
cards
chains of reasoning
Explain how firms in perfect comp...,
Assess the microeconomic impact o...,
How do monopolies make supernorma...
11
cards
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Theme 3 Micro
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