A Level Diagrams Flashcards

1
Q

PPF Curve

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Supply & demand, with equilibrium

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Supply & demand surpluses

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Increase/decrease in demand

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Increase/decrease in supply

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Consumer / producer surplus

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

.

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Inelastic demand

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Elastic demand

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Tax diagram

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Subsidy diagram

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Negative externality of consumption

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Negative externality of production

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Positive externality of production

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Positive externality o consumption

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Max price diagram

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Min price diagram

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Total revenue, average revenue & marginal revenue

A
19
Q

Average, fixed and variable costs

A
20
Q

Economies of scale

A
21
Q

Perfect competition

A
22
Q

Short run equilibrium in perfect comp

A
23
Q

Long run equilibrium in perfect comp

A
24
Q

Long run equilibrium for a monopolistically competitive firm

A
25
Q

Abnormal profit for monopsonies t

A
26
Q

Price discrimination

A
27
Q

Profit maximisation

A
28
Q

Revenue maximisation

A
29
Q

Sales maximisation

A
30
Q

Allocative efficiency

A
31
Q

Productive efficiency

A
32
Q

Deadweight loss from a monopoly

A
33
Q

backwards bending supply curve

A
34
Q

Minimum wage

A
35
Q

Maximum wage.

A
36
Q

Business cycle

A
37
Q

Increase/ decrease in AD

A
38
Q

Increase/ decrease in AD

A
39
Q

Positive output gap

A
40
Q

negative output gap

A
41
Q

Phillips curve

A
42
Q

Laffer curve

A
43
Q

Lorenz curve

A
44
Q

J curve

A