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Cards (59)
Production
Possibility Frontier
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Supply and demand
diagram showing
equilibrium
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Supply and demand
surplus
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Increase
in
demand
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Decrease
in demand
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Increase in
supply
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Decrease
in supply
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Consumer
surplus
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Producer
surplus
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Inelastic
demand
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Elastic
demand
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Unitary
elastic demand
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Perfectly
elastic demand
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Perfectly
inelastic demand
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Inelastic
supply
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Elastic
supply
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Substitutes
diagram
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Ad
valorem tax
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Tax
diagram
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Subsidy
diagram
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Negative externality
of
consumption
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Negative
externality of production
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Positive
externality
of
consumption
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Positive
externality
of
production
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Maximum price
diagram
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Minimum price
diagram
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Total Revenue
,
Average Revenue
and
Marginal Revenue
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Total
,
Average
and
Marginal Product
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Average
,
Fixed
and
Variable
Costs
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Economies
of Scale
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Perfect
Competition
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Short run
and
long run
equilibrium in
perfect competition
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Long Run Equilibrium
for
Monopolistically Competitive Firm
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Revenue Curve
for a
Monopolist
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Abnormal profit
for
Monopolist
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Price
Discrimination
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Profit maximisation
,
revenue maximisation
,
sales maximisation
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Allocative
Efficiency
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Productive
Efficiency
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Deadweight Loss
from
Monopoly
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See all 59 cards