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Economics A Level
Diagrams
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Created by
Toby Landes (GRK7)
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Cards (59)
Production Possibility
Frontier
Supply and demand diagram
showing equilibrium
Supply
and
demand
surplus
Increase
in demand
Decrease
in demand
Increase
in supply
Decrease
in supply
Consumer
surplus
Producer
surplus
Inelastic
demand
Elastic
demand
Unitary
elastic demand
Perfectly elastic
demand
Perfectly
inelastic demand
Inelastic
supply
Elastic
supply
Substitutes
diagram
Ad
valorem
tax
Tax
diagram
Subsidy
diagram
Negative
externality
of consumption
Negative
externality
of production
Positive
externality of consumption
Positive
externality of production
Maximum
price diagram
Minimum
price diagram
Total
Revenue,
Average
Revenue and
Marginal
Revenue
Total
,
Average
and
Marginal
Product
Average
,
Fixed
and
Variable
Costs
Economies of
Scale
Perfect
Competition
Short
run and
long
run equilibrium in
perfect
competition
Long Run Equilibrium for
Monopolistically
Competitive Firm
Revenue Curve for a
Monopolist
Abnormal profit for
Monopolist
Price
Discrimination
Profit
maximisation,
revenue
maximisation,
sales
maximisation
Allocative
Efficiency
Productive
Efficiency
Deadweight
Loss from
Monopoly
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