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y13 micro economics

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

By: Isabel Donohoe
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Decks in this class (14)

Perfect competition
Perfect competition,
Allocative efficiency,
Productive efficiency
18  cards
Monopoly
Monopoly,
Perfect first degree price discri...,
Arbitrage
27  cards
Natural monopoly
Natural monopoly,
Nationalisation,
Privatisation
11  cards
Monopolistic competition
Monopolistic competition,
Product differentiation,
5 characteristics of monopolistic...
15  cards
Oligopoly
N firm concentration ratio,
Oligopoly,
Non price competition
31  cards
Contestable market
Contestable market,
Sunk costs,
Hit and run entry
20  cards
Business Objectives
Firm,
Normal profit,
Supernormal abnormal or economic ...
33  cards
Business Objectives 2 (costs)
Fixed costs,
Variable costs,
Marginal
24  cards
Business Objectives 2 (Economies, diseconomies of scale)
Economies of scale,
Internal economies of scale,
External economies of scale
33  cards
Business Objectives 3 (Revenue, Profit, Loss)
Total revenue,
Average revenue,
Marginal revenue
14  cards
Demand for labour
Labour,
Sub market,
Derived demand
19  cards
Supply of labour
0  cards
Interaction of labour
0  cards
Evaluating features of the labour market
0  cards

More about
y13 micro economics

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Isabel Donohoe's Y13 Micro Economics flashcards for their Hanley Castle High School class now!

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