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Lathan Yoga
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Decks in this class (17)
3.1.2 Buisness Growth
What are the reasons for firms to...,
What is market power,
What are the 5 reasons firm would...
18
cards
3.3.1 Revenue
What is total revenue and how do ...,
What is average revenue,
How do you draw an average revenu...
18
cards
3.3.2 Costs
What is defined as the short run,
What is defined as the long run,
What are variable costs and give ...
16
cards
SR Costs Graph
How is productivity and marginal ...,
What can increase productivity an...,
What happens to productivity when...
11
cards
(1) LR Costs Graph and Internal EOS
How do you draw the lrac curve,
How is the srac and lrac curve re...,
As quantity increase what happrns...
23
cards
(2) LR graph Internal diseconmies of scale and ES
What are internal diseconomies of...,
How do you remember factors influ...,
What is allienation and give exam...
10
cards
3.3.3 Profit
What is profit,
What is the formula for profit,
What is the formula for profit
16
cards
Profit shifts graph
How do you draw a shift to the ri...,
Why would this revenue increase,
What happens when the revenue inc...
15
cards
SR and LR shut down points
Where is the shutdown point,
What happens when ar is more than...,
Sr what happens when ar is below avc
8
cards
3.4.1 Efficiency
What are the 4 types of efficiency,
What can economists use types of ...,
What is productive efficiency
7
cards
3.4.4 Oligopoly
How is an oligopoly characterised,
Explain the first two characteris...,
Explain the last two chracteristi...
21
cards
3.4.5 Monopoly
What does n firm concentration ra...,
How do you work out the n firm co...,
What is a monopoly
19
cards
Monopoly 2
What type of efficiency does a mo...,
Why do goverment supports monopol...,
What are the two reasons why a mo...
13
cards
3.5 Labour markets
In labour markets who demands and...,
In demand what happens when wage ...,
In supply what happens when wages...
17
cards
LM shifts
What are the 7 reasons for labour...,
If the demand for houses increase...,
How can productivy affect the sup...
9
cards
Monopsony
What is a monopsony,
What are examples of monpsony,
How can the nhs force down wages
6
cards
Gov Solutions to Monopsony Power
How does governments stop the exp...,
What does national minimum wage mean,
What is the minimum wage for 18 2...
20
cards
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Economics Theme 3
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