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Card 16

Front

What is the rationing/allocative function of price

Back

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Card 17

Front

What is the incentive function of price

Back

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Card 18

Front

How is excess demand eliminated

Back

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Card 19

Front

How is excess supply eliminated

Back

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Card 20

Front

How is disequilibrium caused

Back

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Card 21

Front

What is consumer surplus

Back

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Card 22

Front

what will change consumer surplus

Back

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Card 23

Front

What is producer surplus

Back

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Card 24

Front

What is PED

Back

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Card 25

Front

What is XED

Back

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