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1. Micro Eco
> Monopsony > Flashcards
Monopsony Flashcards
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1. Micro Eco
(31 decks)
Pros and Cons of Division of Labour and Specialisation
Pros and Cons of Specialisation in Trade
Reasons Natural Monopolies exist
Conditions of Price Discrimination
Characteristics for Each Market Structure
Types of Price Competition
Types of Non-Price Competition
Pros and Cons of Organic Growth
Pros and Cons of Vertical Integration
Pros and Cons of Horizontal Integration
Pros and Cons of Conglomerate Integration
Pros and Cons of Demergers
Why do some firms stay small?
Types of Barriers to Entry
Contestable Market
Types of Regulation
Merger Policy
Price Regulation
Regulatory Capture
Profit Regulation
Performance Targets and Quality Standards
Promoting Contestability
Deregulation and Privatisation
Competitive Tendering
Anti-Competitive Practices (Regulation)
Helping Small Businesses Grow
Nationalisation
Elasticity of Labour Demand
Elasticity of Labour Supply
Labour Market Shifts
Monopsony