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Economics A level Micro
> Market failure > Flashcards
Market failure Flashcards
Study These Flashcards
Economics A level Micro
(10 decks)
The nature and purpose of economic activity.
Economic resources
Scarcity, Choice and the allocation of resources
Determinants of demand
The determinants of the supply of goods and services
Determination of equilibrium price and quantity in a market
Interrelationships between markets
Price, income and cross elasticities of demand
Price Elasticity of Supply
Market failure
