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Card 16

Front

Decreasing returns to scale

Back

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Card 17

Front

Why is the MC curve curved? (lol good wording)

Back

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Card 18

Front

If the marginal is below average, the average will...

Back

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Card 19

Front

Marginal revenue

Back

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Card 20

Front

Why is the AR curve the demand curve?

Back

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Card 21

Front

Why is the MR downward sloping?

Back

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Card 22

Front

What is invention?

Back

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Card 23

Front

What is innovation?

Back

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Card 24

Front

What are the benefits of technological change?

Back

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Card 25

Front

What is disruptive innovation

Back

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