Micro A2 - Busness Objectives Flashcards
1
Q
P rofit Maximisation
A
2
Q
What is Revenue Maximisation
A
3
Q
What is Sales Maximisation
A
4
Q
What are the Types of Profit
A
- Micro - Positive & Normative Statements ✔️
- Micro - The Economic problem ✔️
- Micro - Production Possibility Frontiers (PPF) ✔️
- Micro - Specialisation And The Division Of Labour ✔️
- Micro - Free Market Economies, Mixed Economy & Command Economy ✔️
- Micro - Rational Decision Making ✔️
- Micro - Demand ✔️
- Micro - Supply ✔️
- Micro - Price Mechanism & Determination `✔️
- Micro - Price, Income & Cross Elasticities Of Demand ✔️
- Micro - Price Elasticity Of Supply ✔️
- Micro - Consumer & producer surplus ✔️
- Micro - Indirect taxes & subsidies ✔️
- Micro - Alternative views on consumer behaviour
- Micro - types of market failure✔️
- Micro - Externalities ✔️
- Micro - public goods ✔️
- Micro - information gaps ✔️
- Micro - Government intervention in markets ✔️
- Micro - government failure ✔️
- Macro - Economic growth ✔️
- Macro - inflation ✔️
- Macro - Employment & Unemployment✔️
- Macro - Balance Of Payments (BOP)
- Macro - Characteristics Of AD
- Macro - Concumption (C)
- Macro - Invetment (I)
- Macro - Government Expenditure (G)
- Macro - Net Trade (X-M)
- Macro - The Characteristics Of AS
- Macro - Short-run AS
- Macro - Long-run AS
- Macro - national Income
- Macro - Injecions & Withdrawals
- Macro - Equilibrium Level Of Real National Output
- Macro - The Multiplier
- Macro - Causes Of Economic Growth
- Macro - Output Gaps
- Macro - Trade (Business) Cycle
- Macro - Impact Of Economic Growth
- Macro - Possible Macroeconomic Objectives
- Macro - Demand-side Policies
- Macro - Supply-side policies
- Macro - Conflicts & Trade-offs Between Objectives And Policies
- Micro A2 - Sizes & Types Of Firms
- Micro A2 - Business Growth
- Micro A2 - Demergers
- Micro A2 - Busness Objectives
- Micro A2 - Revenue
- Micro A2 - Costs
- Micro A2 - Economies & Diseconomies Of Scale
- Micro A2 - Normal Profits, Supernormal Profits & Losses
- Micro A2 - Efficiency
- Micro A2 - Perfecct Competition
- Micro A2 - Monopolistic Competiton
- Micro A2 - Oligopoly
- Micro A2 - monopoly
- Micro A2 - Contestability
- Micro A2 - Demand For Labour
- Micro A2 - Supply Of Labour
- Micro A2 - Wage Determinaton In Competetive & Non-competetive Markets
- Micro A2 - Government Intervention
- Micro A2 - Impsct Of Government Intervention
- Macro A2 - Globalisation
- Macro A2 - Specialisaion & Trade
- Macro A2 - Pattern Of Trade
- Macro A2 - Terms Of Trade ✔️
- Macro A2 - Trading Blocs & World Trade Organisation
- Macro A2 - Restrictions On Free Trade
- Macro A2 - Balance Of Payments
- Macro A2 - Exchange Rate
- Macro A2 - International Competitiveness
- Macro A2 - Absolute & Relative Poverty
- Macro A2 - Inequality
- Macro A2 - Measures Of Development
- Macro A2 - Factors Influencing Growth & Development
- Macro A2 - Role Of Financial Markets
- Macro A2 - Market Failure In The Financial Sector
- Macro A2 - Role Of Central Banks
- Macro A2 - Public Expenditure
- Macro A2 - Taxation
- Macro A2 - Public Sector Finances
- Macro A2 - Macroeconomic Policies In A Global Context
- A-Level Evaluation Points
- A-level Application Points
- A-level Macro Writing Prompts (DIGESTIF)
- A-level Micro Writing Prompts (POPSICLE)
- Nigeria Fact File
- A Level Diagrams
