This class was created by Brainscape user Cailin Ngaheu. Visit their profile to learn more about the creator.
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Cailin Ngaheu
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Decks in this class (14)
Industry
What is the primary focus of the ...,
True or false the service industr...,
Fill in the blank the _______ ind...
19
cards
Demand: Contraction And Expansion Increase And Decrease
What is demand contraction 1,
What is demand expansion 2,
True or false demand increases wh...
20
cards
Factors Of Production
What are the four main factors of...,
True or false capital refers only...,
Fill in the blank the income earn...
27
cards
Elastic, Inelastic And Unit
What is perfect price elasticity 1,
What is the elasticity coefficien...,
True or false in a perfectly inel...
20
cards
Ceiling And Floor Price
What is a price ceiling 1,
What is a price floor 2,
True or false a price ceiling can...
20
cards
Efficiency
What is technical efficiency 1,
True or false dynamic efficiency ...,
Fill in the blank productive effi...
5
cards
Complementary And Substitute
What are complementary goods 1,
What are substitute goods 2,
True or false an increase in the ...
20
cards
LRAC
What is the definition of long ru...,
True or false in the long run all...,
What shape does the long run aver...
10
cards
Characterisation Of Firms
0
cards
Shifts And Movements
What is the law of demand 1,
True or false a movement along th...,
Fill in the blank a shift in the ...
10
cards
Price Mechanism Functions
What is the incentive function in...,
True or false the rationing funct...,
Fill in the blank the signalling ...
5
cards
Types Of Markets
What is a market 1,
True or false a perfect competiti...,
Fill in the blank in a _______ ma...
19
cards
Consumer Spending And Saving/dissaving
What is consumer spending 1,
True or false saving is the act o...,
Fill in the blank dissaving occur...
40
cards
Merit, Griffen, Luxury Goods
What is the primary focus of the ...,
True or false griffen refers to a...,
Fill in the blank luxury goods ar...
25
cards
More about
Economics
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