More cards in this set

What are the reasons for de-industrialisation?

What is the difference in sector size between developed and developing countries?

What are fixed and variable costs?

What is total and average cost?

What shape is the average cost curve? Why?

What is price and total revenue?

What is the formula for profit/loss?

What are economies of scale? Why do they exist?

What are internal economies of scale?

What are external economies of scale?