Classic micro effects Flashcards

1
Q

Classic micro effects (15)

A
  • Price
  • Quantity/Quality
  • Elasticity
  • Demand/Supply
  • Costs of production
  • Consumer/producer surplus
  • Revenue/Proft
  • Gov revenue/cost
  • Stakeholder
  • Market failures
  • Government failure
  • Competition/market structures
  • Efficiency/productivity
  • Wages/employment
  • Equity/inequity
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