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Card 16

Front

What is diminishing marginal utility ?

Back

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Card 17

Front

What are the determinants of demand?

Back

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Card 18

Front

What is a substitute good?

Back

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Card 19

Front

What is a complementary good?

Back

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Card 20

Front

Why is the supply curve upward sloping?

Back

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Card 21

Front

Determinants of supply ?

Back

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Card 22

Front

What is a market?

Back

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Card 23

Front

What are fixed costs and give examples?

Back

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Card 24

Front

What are variable costs and give examples?

Back

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Card 25

Front

What are total costs and how do you calculate it?

Back

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