Drawing Graphs Flashcards
Draw a PPF curve
Draw a demand curve
Draw a supply curve
Draw a perfectly elastic and inelastic demand/supply curve
Draw a graph representing consumer and producer surplus
Draw a consumer/ producer burden diagram
Draw a graph showing welfare lost in terms of consumption
Draw a graph showing welfare loss in terms of production
Draw a graph showing allocative efficiency with consumer and producer surplus
Draw 2 graphs showing allocative efficiency in monopolies with inelastic and elastic demand
Draw a graph showing perfect competition in the short run making supernormal profits
Draw a graph showing perfect competition in the short run making a loss
Draw a diagram showing perfect competition in the long run
Draw a graph showing perfect competition from the short run into the long run
Draw a graph labelling the shutdown point
Draw a graph of a monopoly in the short run
Draw a graph showing monopoly power
Draw a graph showing X (in)efficiency
Draw a graph showing allocative efficiency in the long run
Draw a graph showing contestable markets
Prices are set where the break even point/sales max point is because of the threat of competition
Draw a graph showing how the kincked demand curve is created
Draw a graph of the kincked demand curve in action
Draw a graph showing the kincked demand curve with the MR curve
Draw a graph showing price rigidity in an oligopoly
Draw a graph showing price collusion in a cartel
Draw a graph showing 3rd degree price discrimination
Draw a graph showing peak and off peak price discrimination
Draw a complicated version of the MRP curve
Draw the bendy supply curve of labour
Draw a simple MRP curve
Draw a graph showing unemployment
Draw a graph showing the NMW
Draw the monopsony diagram
Draw a diagram of a monopsony with a NMW
