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Economics Theme 3

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

By: Millie Adkins
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Decks in this class (10)

3.1.1- Size And Types Of Firms
What are the types of legal busin...,
How many partners can there be in...,
Who is a public limited company o...
18  cards
3.1.2- Business Growth
What is organic growth,
What are the types of organic growth,
What is market penetration
40  cards
3.3.1- Revenue
What is total revenue,
What is average revenue,
What is marginal revenue
5  cards
3.3.2- Costs
What is an economic cost,
What is fixed in the short run,
What is total cost
16  cards
3.3.3- Economies And Diseconomies Of Scale
What are the internal economies o...,
What are technical economies of s...,
What are financial economies of s...
15  cards
3.4.2- Perfect Competition
What are the characteristics of p...,
What is an example of something t...,
Why is no snp made in the long ru...
9  cards
3.4.5- Monopoly
What is a pure monopoly,
What is one of the closest exampl...,
What is a legal monopoly in the uk
29  cards
3.5.1- Demand For Labour
What is the labour market,
What type of demand is labour,
What is the demand for labour det...
18  cards
3.5.2- Supply Of Labour UNFINISHED
What is supply of labour,
Why is the labour supply curve up...,
What are the factors affecting la...
26  cards
3.3.4- Normal Profits, Supernormal Profits And Losses
What is profit,
What are the objectives a firms c...,
When does profit maximisation occur
18  cards

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Economics Theme 3

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