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Ria Bachetta
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Decks in this class (17)
LS1 - Sizes And Types Of Firm
Why do some firms seek growth,
What is one reason firms seek gro...,
How does increasing in size affec...
18
cards
LS2 - Business Growth
Why have firms like microsoft wal...,
What is internal organic growth,
What is a limit to internal growth
22
cards
LS3 - Costs and Revenues
Q what key decisions do firms nee...,
Q what does this section focus on...,
Q for simplicity
49
cards
LS4 - Economies Of Scale
What happens to inputs in the lon...,
What are the three types of retur...,
What is meant by constant returns...
34
cards
LS5 - Profit And Loss
What costs do economists include ...,
What is opportunity cost,
How do economists calculate profit
22
cards
LS6 - Business Objectives
What is one business objective a ...,
What did william baumol argue abo...,
At what point is total revenue ma...
16
cards
LS7 - Efficiency
What is efficiency concerned with...,
Define productive efficiency,
Describe the decision process for...
10
cards
LS8 - Perfect Competition
What are the assumptions of perfe...,
Describe how firms profit maximis...,
Why are there many participants i...
12
cards
LS9 - Demand And Supply For Labour
What kind of demand is demand for...,
Describe the structure of the lab...,
What factors can shift the demand...
43
cards
LS10 - Monopoly
What is a monopoly in economic terms,
What is the role of the competiti...,
What are the key assumptions of t...
15
cards
LS11 - Monopolistic Competition
What are the characteristics of m...,
Who are some theorists associated...,
Give an example of a monopolistic...
11
cards
LS12 - Labour Market Issues
What is a zero hours contract,
Who is more likely to be on zero ...,
What trend was observed in zero h...
12
cards
LS13 - Oligopoly
What are the characteristics of o...,
What is a concentration ratio,
Describe the independence levels ...
27
cards
LS14 - Contestable Market
What are the characteristics of a...,
What is a sunk cost,
What benefits can contestable mar...
12
cards
LS15 - Monopsony & Natural Monopoly
Describe what a monopoly is also ...,
Describe using the real life exam...,
Describe what suppliers experienc...
12
cards
Ls16 - Monopolies, Mergers
Why is government revaluation oft...,
State a few methods of regulation...,
Describe how the cma limits the d...
21
cards
LS17 - Competition, Protecting Suppliers and Workers
Why do governments support smes a...,
What problems do start ups and sm...,
What can the government do to sup...
7
cards
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Economics Theme 3
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