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micro economics
> division of labour > Flashcards
division of labour Flashcards
Study These Flashcards
Study These Flashcards
micro economics
(18 decks)
the economic problem
ppf
specialisation
division of labour
money and exchange
PED
YED
XED
PES
specialisation + division of labour
money + exchange
types of economy
rational decision making
consumers - demand
consumer surplus
supply
price mechanism
indirect taxes and subsidies
