Flashcards for definitions in theme 1 economics edexcel.
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Creado por Shira A
hace alrededor de 4 años
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Cerrar
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Creado por Shira A
hace alrededor de 4 años
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ad valorem tax
adverse selection
allocative efficiency
asymetric information
bounded rationality
Capital goods
Cartel
ceteris paribus
command economy
competitive market
complements
consumer goods
consumer surplus
consumption externality
cross elasticity of demand (XED)
demand
demand curve
diminishing marginal utility
division of labour
elastic
elasticity
external benefit
external cost
externality
