More cards in this set

Card 6

Front

When you are allocatively efficient it is normally

Back

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Card 7

Front

Dynamically efficient

Back

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Card 8

Front

To be dynamically efficient a firm USUALLY needs

Back

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Card 9

Front

X-efficiency

Back

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Card 10

Front

Consumer Surplus

Back

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Card 11

Front

What would businesses attempt to do to the consumer surplus

Back

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Card 12

Front

Producer Surplus

Back

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Card 13

Front

Why discriminate inelastic customers?

Back

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Card 14

Front

elastic customers

Back

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