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Micro year 2

This class was created by Brainscape user Christian van Huyssteen. Visit their profile to learn more about the creator.

By: Christian van Huyssteen
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Decks in this class (6)

3.1.1
What are public limited companies,
What are private limited companies,
What are nationalized corporations
39  cards
Perfect competition
What are the assumptions of perfe...,
Large numbers of producers,
Identical products
15  cards
Types of efficiencies
Define productive efficiency,
Define allocative efficiency,
Define economic efficiency
8  cards
Oligopolies
What are the characteristics of a...,
When does an oligopoly exist,
What is meant by the interdepende...
16  cards
Price Discrimination
What is price discrimination,
What is 1st degree price discrimi...,
What is 2nd degree price discrimi...
8  cards
Natural monopoly
What is a natural monopoly,
What are issues regarding monopol...,
Intervention with monopoly
3  cards

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Micro year 2

  • Class purpose General learning

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