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Dixon Yogeswaran
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Decks in this class (20)
Size and types of firms
Why reasons some firms tend to re...,
What is the significance of the d...,
How to overcome the principal age...
6
cards
Business growth
What are the types of growth,
What is organic growth,
How does organic growth occur
6
cards
Demergers
What is a demerger,
What are reasons for demergers,
What impacts does demergers have ...
5
cards
Business Objectives
What are some ways to grow a busi...,
What is profit maximisation,
What is revenue maximisation
13
cards
Revenue
What are the 4 types of revenue,
How to calculate revenue,
How to calculate average revenue
12
cards
Costs
What is the cost of production in...,
What is the cost of production in...,
What are fixed costs
6
cards
Economies and diseconomies of scale
What is economies of scale,
What is diseconimies of scale,
What are some types of economies o
13
cards
Normal profits, supernormal profits and losses
What are the three types of profit,
What is normal profit,
What is supernormal profit
8
cards
Efficiency
What is economic efficiency,
What is allocative efficiency,
What is productive efficiency
5
cards
Perfect competition
What are the characteristics of a...,
How allocative efficient is perfe...,
How product efficient is perfect ...
8
cards
Monopolistic competition
What are the characteristics of m...,
How is profit maximised in monopo...,
What are some non price competiti...
3
cards
Oligopoly
What are the characteristics of o...,
What is the meaning of strategic ...,
What is the concentration ratio
24
cards
Monopoly
What are the characteristics of a...,
What is a working monopoly,
What is a dominant monopoly
11
cards
Monopsony
What is a monopsony,
What are the benefits to the firm...,
What are the benefits to the cons...
4
cards
Contestability
What are the characteristics for ...,
What conditions are needed for ma...,
What are some types of barriers t...
5
cards
Demand For Labour
What are some factors that influe...,
What is derived demand for labour,
What is the elasticity of demand ...
3
cards
Supply Of Labour
What are factors that influence t...,
What are some market failures in ...
2
cards
Wage determination in competitive and non-competitive markets
Why are individual firms price ta...,
What are the current labour marke...,
How has the government intervened...
5
cards
Government intervention
What are some government interven...,
What is price regulation,
What is profit regulation
12
cards
The impact of government intervention
0
cards
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Economics Theme 3
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