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k c
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Decks in this class (5)
Test 1 - Definitions
What is the circular flow diagram 1,
Define command economy 2,
What is division of labor 3
71
cards
Test 1 - application
What are the 3 incentives for soc...,
What are the factors of production 2,
Why is the productions possibilit...
39
cards
Test 2 - Definitions
Constant unitary elasticity 1,
Cross price elasticity of demand 2,
Elastic demand 3
48
cards
Test 2 - application
Which goods are likely to be elas...,
Which goods are likely to be inel...,
A flatter demand curve indicates 3
19
cards
Test 3 - Definitions
Break even point 1,
Entry 2,
Exit 3
33
cards
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Microecon
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