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Teeya Li
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Decks in this class (12)
Slide 1
What is economics concerned with,
Describe the relationship between...,
Define opportunity cost
9
cards
Slide 2
What is the budget line budget co...,
What is the production possibilit...,
Explain the relationship between ...
21
cards
slide 3
Define market,
Define competitive market,
Define demand and how it can be r...
23
cards
Slide 4
What is the difference between va...,
True or false the value of one mo...,
How do we measure the maximum price
23
cards
Slide 5
What is price elasticity of demand,
What is the equation of price ela...,
Is the price elasticity of demand...
29
cards
slide 6
The choices you make as a buyer i...,
What does the budget line illustrate,
What is the definition of utility
15
cards
slide 7
Define accounting profit and econ...,
Define what,
Define the difference between sho...
31
cards
slide 8
There are 4 market structures per...,
In a perfect competition market w...,
True or false marginal revenue pr...
13
cards
slide 9
What are the characteristics of a...,
What are the three types of barri...,
What is a natural monopoly
21
cards
slide 10
What is monopolistic competition ...,
Why does monopolistic competition...,
Why do monopolistic competitions ...
15
cards
slide 11
What are the defining characteris...,
Since there is an interdependence...,
What is the name for oligopolisti...
25
cards
Slide 12
What is competition policy,
What does the competition bureau ...,
What are the three categories tha...
6
cards
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econ 103
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