Microeconomics
vorbereitung klausur wintersemester 2016
vorbereitung klausur wintersemester 2016
104
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Kartei Details
| Karten | 104 |
|---|---|
| Sprache | English |
| Kategorie | BWL |
| Stufe | Universität |
| Erstellt / Aktualisiert | 03.01.2017 / 01.01.2018 |
| Lizenzierung | Keine Angabe |
| Weblink |
https://card2brain.ch/box/20170103_microeconomics
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| Einbinden |
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Def Opportunity Costs
The cost of the best alternative that we forgo, or give up, when we make a choice or a decision
Def Marginalism
The process of analysing the additional or incremental costs or benefits arising from a choice or decision
Def Efficient Markets
A market in which profit opportunities are eliminated almost instantaneously
Two Types of Needs
material things and services versus immaterial things
