- decks
- flashcards
- learners
Decks in this class (16)
3.1.1 Sizes and types of firms
Reasons firms stay small 1,
Reasons firms grow 2,
Divorce of ownership control 3
7
cards
3.1.2 Business Growth
Organic growth 1,
Organic growth advantages 2,
Organic growth disadvantages 3
14
cards
3.1.3 Demerges
Demerges 1,
Reasons for demerges 2,
Impacts of demerge on the firm 3
5
cards
3.2.1 Business Objectives
What are the 3 main business obje...,
Why do firms profit maximise 2,
Profit maximisation rule 3
13
cards
3.3.1 Revenue
Total revenue definition and form...,
Average revenue definition and fo...,
Marginal revenue definition and f...
4
cards
3.3.2 Costs
Fixed costs 1,
Variable costs 2,
Marginal cost 3
9
cards
3.3.3 Economies & Diseconomies of Scale
Economies of scale 1,
Diseconomies of scale 2,
Types of internal economies of sc...
13
cards
3.3.4 Normal Profits, Supernormal Profits & Losses
Explicit costs 1,
Implicit costs 2,
Rational resource allocation 3
9
cards
3.4.1 Efficiency
Allocative efficiency 1,
Productive efficiency point and d...,
Dynamic efficiency 3
4
cards
3.4.2 Perfect Competition
Perfect competition characteristi...
1
cards
3.4.3 Monopolistic Competition
Monopolistic competition characte...,
Monopolistic competition market p...,
Why do firms in monopolistic comp...
4
cards
3.4.4 Oligopoly
Oligopoly definition 1,
Oligopoly characteristics 2,
Concentration ratio 3
12
cards
3.4.5 Monopoly
Monopoly 1,
Monopoly characteristics 2,
Price discrimination 3
13
cards
3.4.6 Monopsony
Monopsony 1,
Monopsonistic characteristics 2,
Monopsony advantages to firms 3
4
cards
3.5.1 Demand for labour
Derived demand 1,
Factors that influence the demand...
2
cards
3.5.2 Supply of Labour
Factors influencing the supply of...,
Market failure in labour markets 2
2
cards
More about
Year 2 - Micro
- School Unspecified
- Program type Unspecified
- Course Unspecified
- Instructor Unspecified
- Standards Unspecified
The creator of this class did not yet add a description for what is included in this class.
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
Year 2 NSB
- 53 decks
- 2894 flashcards
- 25 learners
Decks:
Neural Tissue, Physiology Of Neurons, Chemistry And Physiology Of The Synapse, And more!
Clinical Micro
- 31 decks
- 1797 flashcards
- 370 learners
Decks:
01 Introductory Microbiology Specimen Pr, Exam 1 Antibiotics, Exam 1 Ch 1 Bacterial Cell Structure Phy, And more!
SECOND SEM 3rd YEAR
- 39 decks
- 2954 flashcards
- 21 learners
Decks:
Mol Bio Lab L2 Prelim Dna Rna, Mol Bio Lab L3 4 Prelim Dna Mutation, Mol Bio Lab L5 Midterms Lab Set Up, And more!
