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Ria Bachetta
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Decks in this class (20)
3.1.1 Sizes and Types of Firms
Why might some firms tend to rema...,
Describe managerial diseconomies ...,
What are some solutions to the pr...
5
cards
3.1.2 Business Growth
How might businesses grow 1,
What are the advantages and disad...,
What are the advantages and disad...
6
cards
3.1.3 Demergers
What are some reasons for demerge...,
What are some impacts of demergers 2
2
cards
3.2.1 Business Objectives
What are some different business ...,
How would profit maximisation be ...,
How would sales maximisation be c...
4
cards
3.3.1 Revenue
Define total revenue and explain ...,
Define average revenue and explai...,
Define marginal revenue and expla...
4
cards
3.3.2 Costs
How do you calculate 1,
How do you calculate 2,
What is the shape of the short ru...
3
cards
3.3.3 Economies and Diseconomies of Scale
What are the types of economies o...,
What are the types of diseconomie...,
What is minimum efficient scale m...
5
cards
3.3.4 Normal Profits, Supernormal Profits and Losses
What are the conditions for profi...,
Define normal profit 2,
Define supernormal profit economi...
4
cards
3.4.1 Efficiency
Define allocative efficiency 1,
Define productive efficiency 2,
Define dynamic efficiency 3
9
cards
3.4.2 Perfect Competition
What are the characteristics of p...,
Where is profit maximizing equili...,
Where is profit maximizing equili...
3
cards
3.4.3 Monopolistic Competition
What are the characteristics of a...,
Where is profit maximizing equili...,
Where is profit maximizing equili...
3
cards
3.4.4 Oligopoly
What are the characteristics of a...,
How is the n firm concentration r...,
What are the reasons for collusiv...
9
cards
3.4.5 Monopoly
What are the characteristics of a...,
Where is profit maximizing equili...,
What is third degree price discri...
6
cards
3.4.6 Monopsony Power
What are the characteristics and ...,
What are the costs of a monopsony 2,
What are the benefits of a monops...
3
cards
3.4.7 Contestability
What are the characteristics of a...,
How does the contestability of a ...,
What are the different types of b...
4
cards
3.5.1 Labour Demand
Factors impacting demand for labo...,
Describe the demand for labour 2
2
cards
3.5.2 Labour Supply
What is labour supply 1,
What are some factors influencing...,
Describe two causes of market fai...
5
cards
3.5.3 Wage Determination
What are some current labour mark...,
What are the four types of govern...,
Describe factors which can impact...
10
cards
3.6.1 Government Intervention
What kind of government intervent...,
What kind of government intervent...,
What kind of government intervent...
5
cards
3.6.2 The Impact Of Government Intervention
What are some kinds of government...,
What are two limits to government...,
What are some impacts of governme...
8
cards
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Economics Theme 3
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