1
Q
oligopoly
A
supermarkets- 4 firm concentration 65%
OPEC 80% of worlds proven oil reserves resposnible 40% oil production in world
price matching warms and NPC
2
Q
monopoly
A
apple 60% market share US mobile phone industry
google 90% internet searches
micro economics
flashcards
Decks in class (28)
# Cards
-
micro economics defintions110
-
formulas micro economics4
-
elastcities40
-
microeconomics market failure key terms33
-
economic methodology and the economic problem definitions13
-
individual economic decision making defintions5
-
behavioural economics key terms15
-
price determination key terms40
-
production, costs and revenue47
-
the objectives of the firm8
-
perfect, monopolistic,oligopoly, monoply competition55
-
cost rev and production flashcards9
-
stats12
-
distribution of income and wealth key terms14
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examples of gov intervention correct MF8
-
externalities5
-
application14
-
tricky topics12
-
evaluation10
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context market structures2
-
privitisation deregulation nationalisation6
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trade union context7
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inequality context6
-
minimum wage2
-
CMA/ regulation4
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market failure2
-
nationalisation2
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definitions gov2
