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GCSE
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More cards in this set
Card 16
Front
(PASIFIC)
Back
Card 17
Front
Measures the responsiveness of the quantity demanded to a cange in the price of a good.
Back
Card 18
Front
The amount of money a firm recieves when selling its products
Back
Card 19
Front
The quantity a producer is willing and able to produce at a given period
Back
Card 20
Front
(PINTSWC)
Back
Card 21
Front
The responsiveness of quantity supplied to a change in price
Back
Card 22
Front
A payment given to a firm, usually by the government
Back
Card 23
Front
Price set below the equilibrium
Back
Card 24
Front
Price set above the equilibrium - price not allowed to go below it
Back
Card 25
Front
Taxes on spending
Back
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