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Unit 1

This class was created by Brainscape user Marilyn Rincon Cortez. Visit their profile to learn more about the creator.

By: Marilyn Rincon Cortez
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Decks in this class (6)

Micro Notes 1
3 important questions economists ask,
Focuses on individual decision ma...,
Explores the economy as a whole a...
8  cards
Micro Notes 2+3
The cost of choosing what you giv...,
Objects that can fulfill human wa...,
Economic activity that is intangi...
20  cards
Micro Notes 4+5+6
A market characterized by a small...,
Power of bring the only seller,
Power of being the only buyer not...
25  cards
Micro Notes 7
Amount that demand responds to ma...,
Insignificant change in demand re...,
A good for which there are no sub...
19  cards
Micro Notes 8+9+10
Profit sharing bonusespay check s...,
Land labor capital entrepreneurship,
Supply is determined by demand
12  cards
Micro Notes 11+12
Given naturally not a coincidence...,
Size of the process of production...,
Man made or not naturally occurring
19  cards

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Unit 1

  • Class purpose General learning

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