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GCSE
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More cards in this set
Card 6
Front
What is the principle agent problem?
Back
Card 7
Front
What is the law of diminishing returns?
Back
Card 8
Front
What is increasing returns?
Back
Card 9
Front
What is diminishing returns?
Back
Card 10
Front
What are negative returns?
Back
Card 11
Front
What are the assumptions of the law of diminishing returns?
Back
Card 12
Front
What are fixed costs?
Back
Card 13
Front
What are Variable costs?
Back
Card 14
Front
What are semi-variable costs?
Back
Card 15
Front
What are total costs?
Back
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