More cards in this set

Card 6

Front

Equilibrium = unlikely to be the most desirable price in the markets

Back

Preview of the front of card 6

Card 7

Front

Actual demand must always equal...

Back

Preview of the front of card 7

Card 8

Front

Prices rations - allocation of resources

Back

Preview of the front of card 8

Card 9

Front

signalling funtion

Back

Preview of the front of card 9

Card 10

Front

Incentive function

Back

Preview of the front of card 10

Card 11

Front

Supply side of things...

Back

Preview of the front of card 11

Card 12

Front

E.g. 1

Back

Preview of the front of card 12

Card 13

Front

Continued

Back

Preview of the front of card 13

Card 14

Front

E.g. 2

Back

Preview of the front of card 14

Card 15

Front

Continued

Back

Preview of the front of card 15