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Kylea Hegen
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Decks in this class (14)
chapter 1
Economics,
Well being,
Positive questions
30
cards
Chapter 2
Core sphere,
Public purpose sphere,
Public good
26
cards
Chapter 3
Demand,
Supply,
Market price
31
cards
Chapter 4
Elasticity,
Price elasticity of demand,
Price inelastic demand
17
cards
Chapter 5
Welfare economics,
Social welfare,
Third party effects
20
cards
chapter 7 vocab
A model that portrays the economy...,
A subfield of microeconomics that...,
Placing undue importance on parti...
14
cards
chapter 8 vocab
The idea that consumers needs and...,
A line showing the possible combi...,
The pleasure or satisfaction rece...
16
cards
chapter 12 vocab
A tax levied on a product to redu...,
Bringing external costs into the ...,
A per unit payment to producers t...
29
cards
ch. 12 true/false
A negative externality is incorpo...,
A pigovian tax will result in an ...,
A pigovian tax will eliminate neg...
27
cards
chapter 13 vocab
A good that is excludable and rival,
A good whose consumption by other...,
A goos that can only be consumed ...
15
cards
ch. 13 true/false
The marginal cost of providing a ...,
Cable television is an example of...,
The two characteristics of a comm...
18
cards
chapter 14
Any resource that is valued for i...,
The quantity of something at a pa...,
Any activity intended to increase...
24
cards
chapter 15
The resources that go into produc...,
The goods and services that resul...,
Production costs that can be adju...
30
cards
chapter 16
The ability to control or at leas...,
A market for the exchange of iden...,
A seller that has no market power...
14
cards
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Econ 102
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