GAARC ME1 CH3
ME in E
ME in E
27
0.0 (0)
Kartei Details
| Karten | 27 |
|---|---|
| Sprache | English |
| Kategorie | VWL |
| Stufe | Universität |
| Erstellt / Aktualisiert | 30.11.2016 / 21.12.2016 |
| Lizenzierung | Keine Angabe (ME1) |
| Weblink |
https://card2brain.ch/box/gaarc_me1_ch3
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| Einbinden |
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One explanation for increase in labor supply.
Immigration
A factor other than that changes supply.
Technology
A factor other than that changes demand.
Consumer income
One reason why we have an upward-sloping supply curve.
The laws of diminishing returns
The quantities of a good demanded per unit of time at alternative prices, all else being fixed.
Effective demand
An increase in this factor will shift demand to the right.
Prices of substitutes
The price and quantity at which there is no surplus or shotage.
Equilibrium level
Occurs when the price of a product falls.
Decrease in quantity supplied
