Economics IB - HL Flashcards

Decks in this Class (9):

• Hl Linear Supply And Demand Functions

  HL - Linear Supply and Demand functions

  Sample Cards:

  what s the equation for demand,

  what happens if there s a change in the,

  what does a change in the value b cause
  7 Cards
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• Hl Taxes And Subsidies

  HL - Taxes And Subsidies

  Sample Cards:

  what is a specific tax,

  what s an ad valorem tax,

  equation for total consumer expenditure
  23 Cards
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• Hl Price Controls

  HL - Price Controls

  Sample Cards:

  equation for original producer revenue,

  equation for new producer revenue,

  equation for new producer revenue after
  3 Cards
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• Hl Theory Of The Firm

  HL - Theory of the Firm

  Sample Cards:

  what s the difference between the short,

  definition of total product tp,

  definition of average product ap
  38 Cards
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• Hl Theory Of The Firm Perfect Competitio

  HL - Theory Of The Firm: Perfect Competition

  Sample Cards:

  what are the assumptions of perfect comp,

  what do firms in perfect competition hav,

  why can t firms make economic profit in
  10 Cards
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• Hl Theory Of The Firm Monopoly

  HL - Theory Of The Firm: Monopoly

  Sample Cards:

  what are the assumptions of monopoly,

  what are the barriers to entry,

  what are some examples of legal barriers
  16 Cards
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• Hl Theory Of The Firm Monopolistic Compe

  HL - Theory Of The Firm: Monopolistic Competition

  Sample Cards:

  assumptions of monopolistic competition,

  revenue curves for monopolistic competit,

  what s the situation witch economic prof
  7 Cards
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• Hl Theory Of The Firm Oligopoly

  HL - Theory Of The Firm: Oligopoly

  Sample Cards:

  what are the assumptions of this model,

  what s the interdependence,

  what are concentration ratios
  15 Cards
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• Hl Trade

  HL - Trade

  Sample Cards:

  what is international trade,

  what is free trade,

  why might a country engage in internatio
  10 Cards
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