More cards in this set

Card 16

Front

Illustrate a producer surpus with a d&s diagram

Back

Preview of the front of card 16

Card 17

Front

Illustrate a consumer surplus with a d&s diagram

Back

Preview of the front of card 17

Card 18

Front

Explain how changes in supply might affect producer surplus

Back

Preview of the front of card 18

Card 19

Front

Explain how changes in supply might affect consumer surplus

Back

Preview of the front of card 19

Card 20

Front

Explain how changes in demand might affect producer surplus

Back

Preview of the front of card 20

Card 21

Front

Explain how changes in demand might affect consumer surplus

Back

Preview of the front of card 21

Card 22

Front

Give the fomulae to calculate price elasticity of supply

Back

Preview of the front of card 22

Card 23

Front

Define dupply

Back

Preview of the front of card 23