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BYU - Man Ec

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

By: Jeff Hadds
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Decks in this class (16)

Chapter One Vocab
Asymmetric information 1,
Bounded rationality 2,
Business reengineering 3
33  cards
Man Ec: #1
The theme propounded in the lesso...,
In many sectors of the economy th...,
What definition is given in the t...
63  cards
Man Ec: #2
What does microeconomic analysis ...,
Define optimization 2,
What are substantive propositions 3
51  cards
Man Ec: #3
What is elasticity 1,
If there is a weak small percenta...,
If a change in price causes a lar...
43  cards
Man Ec: #4
The theory of production is conce...,
What type of function describes t...,
What is a production function wha...
26  cards
Man Ec: #5
What is the shut down point 1
1  cards
Man Ec: #6
The price system coordinates a ca...,
An economy is successful when it ...,
Define efficiency 3
11  cards
Man Ec: #10
What is the difference between a ...,
In an oligopoly situation are ent...,
In the long run rival firms charg...
14  cards
Man Ec: #13
In transaction costs what does im...,
What is asset specificity 2
2  cards
Man Ec: #14
What are incomplete contracts and...,
What are ex ante and ex post time...,
What is the reservation price 3
4  cards
Man Ec: #15
What is a moral hazard definition 1,
Shirk 2,
Principal agent problem 3
8  cards
Man Ec: #16
Equitety 1,
What two things does someone get ...,
Is the nyse a primary or a second...
14  cards
Man Ec: #17
Book value 1,
Corporate control 2,
Internal control 3
3  cards
Man Ec: #18
What are the five forces porters ...,
What is a firms competitive strat...,
Competitive strategy usually incl...
7  cards
Man Ec: #19
When does a firm have a competiti...,
What are the two criteria for jud...,
What are the three generic compet...
3  cards
Man Ec: #11
Oligopolists recognize their mutu...,
An important implication of the k...,
Which of the following is an adva...
137  cards

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BYU - Man Ec

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