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Lemon Cake
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Decks in this class (13)
1 - Introduction
What are actors,
What is the effect of the followi...,
3
cards
2 - Supply and Demand
What are limiting factors of supp...,
What are limiting factors of dema...,
What is a equilibirum price
4
cards
3 - Production and Costs
What are factors of production ex...,
What is1 a production set 2 a pro...,
What is a short run production 123
14
cards
4 - Costs, Profits & Supply
Short run cost curves average var...,
Short run cost curves average tot...
12
cards
5 - Competitive Markets
Characteristics of competitive ma...,
What is the contribution margin,
What is the producer surplus
5
cards
6 - Monopolies
Definition monopoly123,
Definition monopsony123,
What is the market power of a mon...
11
cards
7 - Monopoly Power
What is the magnitude of the mark...,
What is 1 elasticity 2 price elas...,
What is the colloquial
6
cards
8 - Price Differentiation (Self-Study)
What do pricing strategies have i...,
What are the broad forms of price...,
What is the reservation price
15
cards
10 - MRTS, Isoquants, Returns to Scale
What is returns to scale 123,
What might be reasons for increas...,
What happens at decreasing return...
3
cards
11 - Cost Minimization
What is the user cost of capital,
2
cards
12 - Oligolopies, Nash Equilibrium
What is the cournot model,
What is the cournot equilibriuk,
What is a reaction curve
3
cards
13 - Game Theory
What isa game,
What is1 a cooperative game 2 a n...,
What is1 a payoff 2 an optimal st...
7
cards
EXAM STUFF
Characteristics competitive marke...,
Arguments for oligopoly,
Arguments for monopoly 12345
17
cards
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Microeconomics
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