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Micro-Economics Theme 3

This class was created by Brainscape user Max Cullen. Visit their profile to learn more about the creator.

By: Max Cullen
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Decks in this class (6)

3.1 Business Growth
Demergers,
Reasons for demergers,
Horizontal integration
15  cards
3.4 Market Structures
Perfect competition,
Monopolistic competition,
Similarities between monopolistic...
23  cards
3.2 Business Objectives
Profit maximisation,
Revenue maximisation,
Sales maximisation
8  cards
3.3 Revenues, Costs and Profits
Total revenue,
Average revenue,
Marginal revenue
20  cards
3.5 Labour Market
Labour is derived demand,
Marginal revenue product mrp,
Marginal physical product mpp
18  cards
3.6 Government Intervention
Aims of competition policy,
Competition policy aims to ensure,
Competition policy anti trust and...
19  cards

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Micro-Economics Theme 3

  • Class purpose General learning

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