More cards in this set

Card 16

Front

what are constant/increasing/decreasing returns to scale

Back

Preview of the front of card 16

Card 17

Front

how are returns of scale related to economies of scale

Back

Preview of the front of card 17

Card 18

Front

what are economies of scale

Back

Preview of the front of card 18

Card 19

Front

what are internal/external economies of scale

Back

Preview of the front of card 19

Card 20

Front

internal economies of scale include.............

Back

Preview of the front of card 20

Card 21

Front

What are external economies of scale?

Back

Preview of the front of card 21

Card 22

Front

What are diseconomies of scale?

Back

Preview of the front of card 22

Card 23

Front

Why do diseconomies of scale occur?

Back

Preview of the front of card 23

Card 24

Front

How do you work out Total revenue(TR),Average Revenue(AR) and Marginal revenue(MR)

Back

Preview of the front of card 24

Card 25

Front

What is profit and the types of profit?

Back

Preview of the front of card 25
View more cards