Fra Samfunnsøkonom Til Bedriftsøkonomi Flashcards
What are the main branches of economics?
- Makroøkonomi
- Mikroøkonomi
- Bedriftsøkonomi
- Regnskap
- Bedriftsøkonomisk analyse
- Prosjektanalyse
- Finansiering
- Budsjettering
- Strategi
- Markedsføring
- Samfunnsøkonomi
These branches cover various aspects of economic theory and practice.
What is the relationship between the different fields of business economics?
Business economics encompasses various disciplines that are interrelated and contribute to understanding economic behavior in firms.
This relationship helps in analyzing the overall economic environment affecting businesses.
Define ‘Monopol’.
A market structure where a single producer controls the entire supply of a product or service.
Monopolies can influence prices and supply, leading to market inefficiencies.
What happens to price in a monopoly as production increases?
Price decreases as produced quantity increases due to falling demand.
This illustrates the inverse relationship between demand and price in monopolistic markets.
What characterizes ‘Fullkommen konkurranse’ (Perfect competition)?
A market structure where no single producer can influence the market price, which is determined by supply and demand.
In perfect competition, prices are flat and given by the market.
In a perfectly competitive market, how is the market price determined?
The market price is determined by the overall supply and demand in the market.
Individual producers are price takers and cannot influence the market price.
Fill in the blank: The disciplines of economics include __________.
[Makroøkonomi, Mikroøkonomi, Bedriftsøkonomi, Regnskap, Bedriftsøkonomisk analyse, Prosjektanalyse, Finansiering, Budsjettering, Strategi, Markedsføring, Samfunnsøkonomi]
These disciplines cover a wide range of economic analysis and applications.
What does ‘Sum enhetskostnader’ (Total unit costs) refer to?
The total cost incurred by a firm to produce one unit of a product.
This includes fixed and variable costs associated with production.
True or False: In a monopoly, the producer can set any price they want without affecting demand.
False
In a monopoly, while the producer has significant control over pricing, demand still affects how much they can charge.