Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

1.2 - How markets work

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

By: Omotade Ajala
Start Studying

Decks in this class (9)

1.2.1 - Rational decision making
What is the first underlying assu...,
What is the second underlying ass...,
What is the third underlying assu...
3  cards
1.2.2 - Demand
What is demand,
What is a movement along the dema...,
Show a movement along a demand curve
16  cards
1.2.3 - Price, income and cross elasticities of demand.
What is price elasticity of demand,
What is perfectly inelastic demand,
What is perfectly inelastic demand
19  cards
1.2.4 - Supply
Whats is supply,
Draw a contraction and extension ...,
What s the relationship like betw...
11  cards
1.2.5 - Elasticity of supply
What is price elasticity of supply,
How do we calculate change,
Price inelastic demand
15  cards
1.2.6 - Price Determination
Equilibrium point,
Price determination,
Disequilibrium
12  cards
1.2.8 - Consumer & Producer Surplus
Consumer surplus,
Producer surplus,
How would an increase in supply a...
7  cards
1.2.9 - Indirect taxes and subsides
Indirect taxes,
What is producer burden,
What is consumer burden
12  cards
1.2.10 - Alternative views of consumer behaviour
What are the underlying assumptio...,
Reason one why people do not alwa...,
Reason two why people do not alwa...
4  cards

More about
1.2 - How markets work

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Omotade Ajala's 1.2 - How markets work flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

HOW BAKING WORKS
  • 17 decks
  • 4201 flashcards
  • 228 learners
Decks: Chapter 1 Introduction To Baking, Chapter 2 Heat Transfer, Chapter 3 Overview Of The Baking Process, And more!
Work
  • 42 decks
  • 1364 flashcards
  • 7 learners
Decks: Ekg Basics, Heart Blocks, Ekg Rhythm Interpretation Basics, And more!
Marketing
  • 21 decks
  • 1585 flashcards
  • 1429 learners
Decks: Module 1 The Marketing Management Proces, Module 2 Corporate Strategies And Their, Module 3 Business Strategies And Their M, And more!
how to study korean
  • 56 decks
  • 1898 flashcards
  • 4 learners
Decks: Unit 6, Lesson 142, Lesson 143, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions