Studied by 0 people
price instability
lorenz curve
ATC, AVC, AFC
MC, AC, AVC (break even, shutdown, costs covered)
economies of scale
returns to scale
scallop curve
total revenue
revenue curves
perfect competition - short term loss incurred
productive efficiency
allocative efficiency
x efficiency
dynamic efficiency
pareto efficiency
monopolistic competition - short run abnormal profits
long run monopolistic competition
long run monopoly
price discrimination
kinked demand curve
Note 
Flashcard (46)