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Econ 2001.01

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

By: Donny Geisler
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Decks in this class (13)

Ch 1
Which of the following might prev...,
Which of the following are unprof...,
When we weight the costs and bene...
13  cards
Ch 2
What would cause a production pos...,
What effect would an increase in ...,
What effect would an improvement ...
9  cards
Ch 3
___ is how much of something peop...,
The law of demand states,
Name the five nonprice determinan...
6  cards
Ch 4
___ is a measure of how much cons...,
How is price elasticity of demand...,
Name the 5 determinants of price ...
22  cards
Ch 5
___ is the net benefit that a con...,
___ is the net benefit that a pro...,
___ is the measure of the combine...
6  cards
Ch 6
Name the three ways the governmen...,
A n ___ is a regulation that sets...,
Name the 3 effects of taxes on se...
5  cards
Exam 1 Review
Choosing to produce at any point ...,
A production possibilities fronti...,
Suppose that a worker in country ...
17  cards
Ch 7
___ is a measure of the amount of...,
___ explains how we can tell what...,
A n ___ is a formula for calculat...
14  cards
Ch 11
The ___ is the price of borrowing...,
___ is the process of accumulatio...,
The ___ is how much a certain amo...
13  cards
Ch 12
Suppose drink well produces flavo...,
Some businesses refer to their do...,
The ___ is the amount that a firm...
26  cards
Ch 18
___ are costs that fall directly ...,
___ are costs that are imposed on...,
___ is the sum of the private and...
18  cards
Exam 2 Review
The interest rate you typically e...,
3 economies of scale refers to re...,
The concept of diminishing margin...
5  cards
Unit 3
Some businesses refer to their do...,
The ___ is the amount that a firm...,
The ___ is the amount that a firm...
77  cards

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Econ 2001.01

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