Brainscape's Knowledge GenomeTM

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


See full index

You may prefer our related Brainscape-certified flashcards:
WSET ® Level 4 D2 Business of Wine flashcards

Micro 4.1.4 Production, costs and revenue

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

By: Ose Agbon
Start Studying

Decks in this class (8)

4.1.4.1 Production and productivity
Short run production,
Long run production,
Productivity
8  cards
4.1.4.8 Technological change
Define technological change,
Define innovation,
Define invention
15  cards
4.1.4.7 Profit
Profit,
The role of profit in an economy,
Normal profit
4  cards
4.1.4.6 Marginal, average and total revenue
What is revenue,
Total revenue,
Profit
11  cards
4.1.4.5 Economies and diseconomies of scale
Economies of scale,
Diseconomies of scale,
Minimum efficient scale
17  cards
4.1.4.3 The law of diminishing returns and returns to scale
Law of diminishing returns,
Explain the law of diminishing ma...,
Short run
7  cards
4.1.4.4 Costs of production
Fixed costs,
Variable costs,
Marginal costs
26  cards
4.1.4.2 Specialisation, division of labour and exchange
What is specialisation,
What is an example of regional sp...,
What is specialisation by individ...
19  cards

More about
Micro 4.1.4 Production, costs and revenue

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Ose Agbon's Micro 4.1.4 Production, costs and revenue 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?

WSET ® Level 4 D2 Business of Wine
  • 7 decks
  • 160 flashcards
  • 503 learners
Decks: Supply And Demand Factors Affecting Pric, Supply Chain, How To Get Wine To The Point Of Sale, And more!
MICRO 1.4 Production, costs and revenue
  • 8 decks
  • 30 flashcards
  • 1 learners
Decks: 41 Production And Productivity, 42 Specialisation Division Of Labour And, 43 The Law Of Diminishing Returns And Re, And more!
Revenue management
  • 3 decks
  • 83 flashcards
  • 1 learners
Decks: Theorie, Theorie Juist, Formules, And more!
COST CONTROL
  • 5 decks
  • 63 flashcards
  • 8 learners
Decks: Cost Concepts, Sales Concept, Income And Expenses Control, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions