SEM 1 DEFINITIONS Flashcards
1
Q
Barriers to entry
A
2
Q
Complementary Goods
A
2
Q
Ceterus Paribus
A
3
Q
Subsititure goods
A
4
Q
private goods
A
5
Q
club goods
A
5
Q
public goods
A
6
Q
common reosurce goods
A
7
Q
normal goods
A
8
Q
inferior goods
A
9
Q
consumer surplus
A
10
Q
DWL
A
10
Q
Supply
A
10
Q
producer surplus
A
11
Q
Demand
A
