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M W
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Decks in this class (12)
1. The Consumer Problem
Why does a soda machine only disp...,
What is the law of completeness,
What is the law of transitivity
30
cards
1b. budget constraint
What is the opportunity set,
Wha,
What is the equation of the budge...
13
cards
2. The Demand Curve
What would happen to this curve i...,
Where do you plot the price consu...,
How do you plot the demand curve
37
cards
2b. Labor supply curves
What is the definition of leisure,
What is the equation for number o...,
What is the denotation of total i...
12
cards
3a. Firms and Production
What does this equation tell us,
What are the 3 inputs of a produc...,
Which two inputs do we usually us...
36
cards
3b. Costs
What is the definition of technic...,
What is the definition of organiz...,
What is the difference between ne...
20
cards
4a. Short-run Costs and Production
What is the tc equation,
What is total cost,
What is specific about variable c...
34
cards
5a. Market Competition
What is the goal of the seller,
How much can a seller get for a p...,
What does the profit equation for...
36
cards
5b. Competition Maximizes Welfare
What is consumer welfare,
What is,
How is consumer surplus shown on ...
18
cards
Extra notes from studying
How do you derive the budget line,
What would the budget line be if ...,
3
cards
6a. Monopoly, Cartels, Monopolistic Competition
Are monopolies price takers,
Monopoly output is the __________...,
Monopoly demand curve is the ____...
31
cards
6b. Cartels and Monopolistic Competition
What is a cartel,
Why do cartels form,
Why do cartels fail
15
cards
More about
KCL Intermediate Microeconomics
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