AP Notes, Outlines, Study Guides, Vocabulary, Practice Exams and more!

AP MIcro Flashcards

Primary tabs

Terms : Hide Images
14042837896MC = MRStop producing0
14042839083MC > MRProduce less1
14042840408MC < MRproduce more2
14042841749Relatively price elasticPrice down, Revenue Up / Price Up , Revenue Down3
14042843686Relatively Price InelasticPrice UP, Revenue Down/ Price Down, Revenue Up4
14042850253% change in QD/ % change in Pcoefficinet of elasticity5
14042852249If coefficient of elasticity = > 1Elastic6
14042853130If coefficient of elasticity = < 1Inelastic7
14042853560If coefficient of elasticity = 1Unit Elastic8
14042857394Price elasticity of demandnegative9
14042858466Price elasticity of supplypositive10
14042858996cross- price elasticity = +substitute11
14042861291cross- price elasticity = -complement12
14042862684income elasticity = +normal13
14042864193income elasticity = -inferior14
Powered by Quizlet.com

Need Help?

We hope your visit has been a productive one. If you're having any problems, or would like to give some feedback, we'd love to hear from you.

For general help, questions, and suggestions, try our dedicated support forums.

If you need to contact the Course-Notes.Org web experience team, please use our contact form.

Need Notes?

While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. Drop us a note and let us know which textbooks you need. Be sure to include which edition of the textbook you are using! If we see enough demand, we'll do whatever we can to get those notes up on the site for you!