More cards in this set

Card 6

Front

Returns to scale

Back

Preview of the front of card 6

Card 7

Front

Minimum Efficient Scale(MES)

Back

Preview of the front of card 7

Card 8

Front

Normal profit

Back

Preview of the front of card 8

Card 9

Front

Supernormal profit

Back

Preview of the front of card 9

Card 10

Front

Revenue for perfectly competitive firms

Back

Preview of the front of card 10

Card 11

Front

Maximising profit

Back

Preview of the front of card 11

Card 12

Front

Objectives of a firm

Back

Preview of the front of card 12

Card 13

Front

Divorce of ownership from control

Back

Preview of the front of card 13

Card 14

Front

Effects of technological change

Back

Preview of the front of card 14

Card 15

Front

Perfectly competitive markets

Back

Preview of the front of card 15
View more cards