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Alexandre Kutner
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Decks in this class (14)
Taxes
What is tax incidence 1,
What is the first impact on a buy...,
Initially how much does the effec...
35
cards
Price Controls
What is a price ceiling 1,
What is a price floor 2,
Why might a government try to imp...
14
cards
Market Efficiency
What is welfare economics 1,
What is a willingness to pay 2,
What is the consumer surplus 3
7
cards
Effects of Taxation
What happens to consumer and prod...,
Society s total surplus with a ta...,
Is a total surplus under a tax gr...
55
cards
International trade
What does the domestic price that...,
When does a country become an exp...,
For a newly importing country whe...
15
cards
Externalities
What is the definition of an exte...,
What makes a negative externality 2,
What makes a positive externality 3
39
cards
Chpt 1
What is efficiency 1,
What is equity 2,
What is the first principle of ec...
59
cards
Chapter 2
How is economics like a science 1,
What type of experiment do econom...,
Why do economists make assumption...
46
cards
Chapter 3
What is absolute advantage 1,
What determines if a producer has...,
What is comparative advantage 3
15
cards
Chapter 13: Costs of production
What is the total revenue 1,
What do economists normally assum...,
What is the total cost of a firm 3
69
cards
Chapter 14: Firms in competitive markets
What are the three characteristic...,
In a competitive market the actio...,
In competitive markets buyers and...
77
cards
Chapter 4: Supply and Demand
What is a market 1,
What do buyers determine for a pr...,
What do sellers determine for a p...
84
cards
Chapter 5: Elasticity
What is elasticity defined as 1,
What is price elasticity of demand 2,
How is price elasticity of demand...
81
cards
Chapter 6: Applications
What is a price ceiling 1,
What is a price floor 2,
What is a binding price ceiling 3
7
cards
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Micro
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