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GCSE
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More cards in this set
Card 16
Front
What is price discrimination?
Back
Card 17
Front
What is a monopsony?
Back
Card 18
Front
Where does productive efficiency occur?
Back
Card 19
Front
Where does allocative efficiency occur?
Back
Card 20
Front
Describe what occurs if P is not equal to MC in allocative efficiency?
Back
Card 21
Front
What is first degree price discrimination?
Back
Card 22
Front
What is second degree price discrimination?
Back
Card 23
Front
What is third degree price discrimination?
Back
Card 24
Front
What are the beneifts of price discrimination to consumers?
Back
Card 25
Front
Give advantages of monopolies?
Back
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