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Micro 13
> 3.4 - Efficiency + Market Structures > Flashcards
3.4 - Efficiency + Market Structures Flashcards
Study These Flashcards
Micro 13
(64 decks)
3.1 - Integration: Horizontal
3.1 - Integration: Vertical Backwards
3.1 - Integration: Vertical Forwards
3.1 - Integration: Conglomerate
3.1 - Types of Firm
3.1 - Size of Firms
3.1 - Demergers
3.1 - Growth
3.1 - Mergers
3.1 - Principal Agent
3.1 - Small Firms
3.1 - Small Firm Survival
3.2 - Objectives
3.2 - Profit Maximisation
3.2 - Revenue Maximising
3.2 - Sales Maximising
3.2 - Satisficing
3.3 - Cost + Revenue Calculations
3.3 - Revenues
3.3 - Costs (Short Run)
3.3 - Costs (Long Run)
3.3 - Internal Economies of Scale
3.3 - External Economies of Scale
3.3 - Profit
3.4 - Efficiency
3.4 - Efficiency + Market Structures
3.4 - Perfect Competition
3.4 - Monopolistic Competition
3.4 - Oligopoly
3.4 - Collusion
3.4 - Monopoly Key Terms
3.4 - Monopoly
3.4 - Price Discrimination
3.4 - Monopsony
3.4 - Monopsony Impacts
3.4 - Contestability
3.5 - Labour Market: Key Terms
3.5 - Demand for Labour
3.5 - Factors Affecting Labour Demand
3.5 - MRP
3.5 - Elasticity of Demand for Labour
3.5 - Labour Immobility
3.5 - Labour Immobility: Correction
3.5 - Labour Immobility: Consequences
3.5 - Supply of Labour
3.5 - Factors Affecting Labour Supply
3.5 - Elasticity of Supply for Labour
3.5 - Labour Markets: Disincentives
3.5 - Issues: Gig Economy
3.5 - Issues: Ageing Population
3.5 - Issues: Robotics + AI
3.5 - Issues: Labour Migration
3.5 - Issues: Zero Hours
3.5 - Trade Unions
3.5 - National Minimum Wage
3.5 - Maximum Wage
3.6 - Government Intervention: Mergers
3.6 - Government Intervention: Monopoly
3.6 - RPI - X
3.6 - Intervention: Competition + Contest
3.6 - Privatisation
3.6 - Nationalisation
3.6 - Monopsony Restriction
3.6 - Limits to Regulation
