Created by Harry Holmes
over 8 years ago
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Transport
Mode of Transport
Infrastructure
Derived Demand
Privatisation
Forecast
Costs
Fixed Costs
Variable Costs
Total Cost
Average Cost
Marginal Cost
Revenue
Total Revenue
Price Taker
Price Maker
Average Revenue
Marginal Revenue
Short Run
Long Run
Minimum Efficient Scale
Economies of Scale
Technical Economies
Purchasing Economies
Managerial Economies
Financial Economies
External Economies
Diseconomies of Scale
Profit Satisficing
Revenue Maximisation
Profit Maximisation
Sales Maximisation
Cross-Subsidisation
Profit
Normal Profit
Supernormal Profit
Market Structure
Concentration Ratio
Barriers to Entry
Allocative Efficiency
Productive Efficiency
Monopoly
Natural Monopoly
Dynamic Efficiency
Contestable Market
Price Discrimination
Monopolistic Competition
Product Differentiation
Deadweight Loss
Excess Capacity
Non-Price Competition
Oligopoly
Interdependent
Kinked Demand
Game Theory
Collusion
Contestability
Sunk Costs
"Hit and Run" Entry
Deregulation
Franchise