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Card 6

Front

What are diseconomies of scale?

Back

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Card 7

Front

What are some types of diseconomies of scale?

Back

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Card 8

Front

What is the minimum efficient scale?

Back

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Card 9

Front

Give examples of barriers to entry.

Back

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Card 10

Front

What is supernormal profit?

Back

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Card 11

Front

What is perfect competition?

Back

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Card 12

Front

What is a monopoly?

Back

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Card 13

Front

Why can monopolies make supernormal profit in the long run?

Back

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Card 14

Front

What is an oligopoly?

Back

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Card 15

Front

What does interdependent mean?

Back

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