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Decks in this class (20)
Lesson 2
What is a key geometric property ...,
What fundamental economic informa...,
What is the economic interpretati...
21
cards
Lesson 3
What are the three fundamental as...,
What does the completeness assump...,
What does the reflexivity assumpt...
33
cards
Lesson 4
What is the utility function for ...,
What is the shape of the indiffer...,
What is the utility function for ...
18
cards
Lesson 5
Blank 1,
What is the primary condition for...,
What does the tangency condition ...
25
cards
Lesson 6
What is an endowment w1 w2 w1 w2 1,
What is gross demand x1 x2 x1 x2 2,
What is net demand 3
22
cards
Lesson 7
What are the two fundamental effe...,
What does the substitution effect...,
What does the income effect captu...
19
cards
Lesson 8
What is the price elasticity of d...,
What is the basic formula for pri...,
What is the more precise non perc...
14
cards
Lesson 9
What is consumer surplus 1,
How is consumer surplus represent...,
How is consumer surplus represent...
15
cards
Formulas
What is the two step procedure to...,
What is the two step procedure to...,
What are the steps to calculate c...
18
cards
Market Equilibrium
What is market supply 1,
What is a key assumption of a com...,
What is the equilibrium price p 3
27
cards
Technology
What are the main factors of prod...,
What is capital in production the...,
What is an input bundle 3
26
cards
Profit Maximization
What is the economic definition o...,
What is the mathematical formula ...,
What is the key difference betwee...
28
cards
Cost Minimization
What is the primary goal of cost ...,
What are conditional factor deman...,
What is the cost function 3
64
cards
Cost Curves
What is the formula for the total...,
How is the average total cost atc...,
What is the relationship between ...
17
cards
Firm supply
What are the three main constrain...,
What is the demand curve facing t...,
What is a firm s market environme...
24
cards
Industry Supply
How is the short run sr industry ...,
How is the short run market equil...,
When do firms earn positive econo...
26
cards
General Equilibrium
How are the dimensions of the edg...,
Is the initial endowment always o...,
What is the tangency condition in...
51
cards
Monopoly and Monopsony
How to get revenue function 1,
How to get marginal revenue funct...,
How to get cost function 3
42
cards
Oligopoly
How to get reaction function 1,
How to solve for cornout equilibr...,
What happens when there is a stac...
32
cards
Externalities
How do firms maximize profit when...,
How to reach a socially optimal o...,
How to find the amount of bribe p...
5
cards
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Econ 102
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