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Economics year 2 - micro

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

By: Dominic Conway
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Decks in this class (8)

3.1.1 - size and types of firms
Impacts for demerger,
Reasons for demerger,
What are demergers
19  cards
3.2.1 - Business objectives
Why would you profit maximise,
Why would you revenue maximise,
Why would you sales maximise
6  cards
Efficenecy
X inefficiency,
Allocative efficiency,
Productive efficiency
7  cards
Monopolstically competitive
Disadvantages of monopolistically...,
Advantages of monopolistically co...,
What point do firms sell at in mo...
7  cards
Oligopoly
Types of non price competition,
What is limit pricing,
What predatory pricing
16  cards
Monopoly
What is 3rd degree price discrimi...,
What is 2nd degree price discrimi...,
What is 1st degree price discrimi...
7  cards
Perfect Competition
Disadvantages of perfect competition,
Advantages of perfect competition,
Why can t perfect competition mak...
4  cards
3.4.7 contestability
Example of highly contestable mar...,
What does contestability mean,
Charactoristic of contestable market
5  cards

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Economics year 2 - micro

  • Class purpose General learning

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