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Applied Macroeconomic Theorys

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

By: Nicholas Ada
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Decks in this class (14)

The One Lesson of Business
This is created when assets move ...,
An individual s value for a good ...,
To value a good
27  cards
Benefits, Costs, and Decisions
A good decision,
Average costs are,
Problem arise when
28  cards
Extent (How Much) Decisions
Average costs are,
Average costs do what,
If marginal costs is above the av...
17  cards
Investment Decisions: Look Ahead and Reason Back
All investment decisions involve ...,
Discounting,
Compounding
25  cards
Simple Pricing
Profit equation is,
Many companies think about,
A demand curve tells you
47  cards
Economies of Scale and Scope
A reduction in average costs tran...,
With economies of scale or scope,
The law of diminishing marginal r...
15  cards
Understanding Markets and Industry Changes
Movement along the demand curve i...,
A controllable factor is somethin...,
A firm can manipulate controllabl...
19  cards
Market Structure and Long-run Equilibrium
Long run forces tend to,
High profit draws attention to th...,
The demand curve for the output o...
16  cards
Strategy: The Quest too Keep Profit from Eroding
Succeeding in the face of competi...,
Firms have a competitive advantag...,
The industrial organization econo...
20  cards
More Realistic and Complex Pricing
Cannibalizing is stealing sales,
Common ownership of two substitut...,
After acquiring a substitute rais...
13  cards
Direct Price Discrimination
The motivation for price discrimi...,
Price discrimination is the pract...,
In a direct price discrimination ...
9  cards
Indirect Price Discrimination
When a seller cannot identify low...,
Metering is a type of indirect di...,
If you offer a low value product ...
5  cards
Strategic Games
In sequential move games players ...,
In simultaneous move games player...,
A nash equilibrium is a pair of s...
7  cards
Bargaining
Bargaining can be viewed strategi...,
Credible commitments are difficul...,
The nonstrategic view of bargaini...
4  cards

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Applied Macroeconomic Theorys

  • Class purpose General learning

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