Module 5-6

Cards (12)

  • Market - complete for buyers
  • Geographics Boundary of a Market - geographic area
  • Product Boundary of a market - sustainability
  • 2 product type - seller to seller
  • 4 the control over price - large control over prise
  • Imperfect competition - one or more
  • Monopolistic competition - shoes are produced
  • Oligopoly - maggi noddles
  • Savings - investment foor or invest in future
  • Investment - capital stock
  • Minimum Wage - expected ordinary workers
  • Taxes - mandatory financial