Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Economics PPLE > Unit 8 - Demand and Supply > Flashcards

Unit 8 - Demand and Supply Flashcards

1
Q

Demand Curve

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Supply Curve

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Perfect Competition

A

A perfectly competitive market has the following properties:
Homogeneous goods or services
Many buyers and sellers
Buyers and sellers all act independently of one another
Price information easily available to buyers and sellers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

Economics PPLE (8 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions