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Card 26

Front

PC- which firms would exit from the market?

Back

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Card 27

Front

PC- at what point would the firm just make normal profits?

Back

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Card 28

Front

PC- when is productive effiency achieved?

Back

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Card 29

Front

PC- how is allocative effiency achieved?

Back

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Card 30

Front

PC- when is their allocative efficiency?

Back

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Card 31

Front

weaknesses of PC?

Back

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Card 32

Front

strengths of PC?

Back

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Card 33

Front

natural monopoly

Back

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Card 34

Front

what might cause a M?

Back

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Card 35

Front

M- when may there not be more room for more than one firm in the market? (NM)

Back

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