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Card 16

Front

Define second degree price discrimination

Back

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Card 17

Front

Define third degree price discrimination

Back

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Card 18

Front

What are the advantages of price discrimination?

Back

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Card 19

Front

What are the disadvantages of price discrimintaion?

Back

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Card 20

Front

Define economic welfare

Back

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Card 21

Front

Define Consumer surplus

Back

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Card 22

Front

Define Producer Surplus

Back

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Card 23

Front

Define an oligopoly

Back

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Card 24

Front

Explain a concentration ratio?

Back

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Card 25

Front

How are small firms in an oligopolistic industry effected by large firms?

Back

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