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GCSE
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More cards in this set
Card 26
Front
Why is 'market churn' important?
Back
Card 27
Front
What is the price firms have to sell at?
Back
Card 28
Front
Why is demand curve for the individual firm perfectly elastic?
Back
Card 29
Front
What are the 5 assumptions of Perfect Comp?
Back
Card 30
Front
What happens if there is an Abnormal loss?
Back
Card 31
Front
What happens id there is an Abnormal profit?
Back
Card 32
Front
What is the total market supply?
Back
See full card set