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Study Guides for ECON1010 at University of Queensland

Introductory Microeconomics

ECON1010 Study Guide - Midterm Guide: Aggregate Supply, Externality, Takers

Factors that Change Elasticity in Supply: 1. Availability of raw materials: o The larger the availability of raw materials, the more elastic supply tends to be o On the other hand, if additional raw materials are not avail...

Economics
ECON1010
Marco Faravelli
ECON1010 Study Guide - Midterm Guide: Comparative Advantage, Absolute Advantage, Opportunity Cost

ECON1010Terminology Concepts MIDSEMESTEREDITION Lecture 1: Microeconomics o The study of individual agents Consumer, firm, market behaviour o The study of the individual pieces that together make an economy Considers issu...

Economics
ECON1010
Marco Faravelli
ECON1010 Study Guide - Final Guide: Marginal Cost, Foodservice, Nash Equilibrium

ECON1010:In-ClassTutorialExam Chapter 3: Demand in a Perfectly Competitive Market - Utility o Represents the satisfaction that an individual derives from consuming a given goo...

Economics
ECON1010
Marco Faravelli
ECON1010 Study Guide - Midterm Guide: Sunk Costs, Reservation Price, Marginal Utility

ECON1010: Introductory Microeconomics Mid-semester exam notes LECTURE 1: WHAT IS ECONOMICS? What is economics? Economics is the study of how economic agents allocate scarce resources among competing ends. It is about ...

Economics
ECON1010
any
ECON1010 Study Guide - Income Tax, Externality, Excludability

Lecture 8 - Monopoly Imperfectly competitive markets are those where firms have some ability to set their own price o Types: o A pure monopoly is a market in which a single firm is the suppli...

Economics
ECON1010
All Professors
ECON1010 Study Guide - Excludability, Oligopoly, Rationality

ECON1010: Introductory Microeconomics Mid­semester exam notes LECTURE 1: WHAT IS ECONOMICS? What is economics? Economics is the study of how economic agents allocate scarce resources among competing ends. It is  about...

Economics
ECON1010
All Professors
Economics
ECON1010
All Professors
Economics
ECON1010
All Professors
Economics
ECON1010
All Professors

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