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Card 6
Front
A price rise when PED is inelastic will generate a total revenue .....
Back
Card 7
Front
Spare capacity makes supply .....
Back
Card 8
Front
The price mechanism acts to do what to scarce resources
Back
Card 9
Front
A price and quantity rise is caused when what rises?
Back
Card 10
Front
A market intervention system used to stabilise markets
Back
Card 11
Front
A negative income elastic good
Back
Card 12
Front
Aggregate demand component
Back
Card 13
Front
1/marginal propensity to withdraw showing the knock-on effects to other
Back
Card 14
Front
The next best alternative
Back
Card 15
Front
A value judgement statement
Back
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