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Braedon Dasilva
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Decks in this class (15)
Chapter 1 Midterm
What is ppb,
How is scarcity illustrated,
How is choice illustrated
13
cards
Chapter 2 Midterm
Normative statements vs positive ...,
Endogenous vs exogenous statements,
An economic theory uses assumptio...
5
cards
CHAPTER 3 MIDTERM
What are the 5 largest influencer...,
Quantity demanded refers to the q...,
What does ceteris paribus transla...
25
cards
Chapter 4 Midterm
Elasticity vs inelasticity defini...,
How does elastic inelastic demand...,
Rule of equilibrium for elasticity
17
cards
CHAPTER 5 MIDTERM
0
cards
Chapter 7 Midterm 2
4 broad categories of production ...,
Production function,
Economic profit function
32
cards
Chapter 9 Midterm 2
What is market power how does it ...,
What is a competative market,
How does a true competative marke...
22
cards
Chapter 6 Midterm 2
Total utility vs marginal utility,
How can a consumer maximize their...,
Utility maximization formula mux ...
15
cards
Chapter 8 MIDTERM 2
What is the difference between sh...,
What is the term to describe the ...,
Long run cost minimzation formula
17
cards
Chapter 10 MIDTERM 2
What is the difference between a ...,
Where is a monopolists marginal r...,
What are the 2 rules of monopolis...
25
cards
FINAL PREP Chapter 11
What is imperfect competition,
What are the two most common type...,
What is a concentration ratio wha...
30
cards
FINAL PREP extra info
What is isoquant what is its shap...,
Formula marginal rate of technica...,
What is a monopoly of violence
5
cards
Chapter 19
An economy that engages in intern...,
One region is said to have an ove...,
The is the dollar cost of the lab...
26
cards
Chapter 16
The essence of the of free market...,
Exists for a firm producing the o...,
The informal defence of free mark...
30
cards
chapter 20
For promoting diversification the...,
Specialization according to compa...,
Can improve the earnings of one g...
23
cards
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Econ 201
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