Terms : Hide Images
| 9616105547 | Production Possibilities; U is inefficient |  | 0 | |
| 9616105548 | Production Possibilities; x is impossible |  | 1 | |
| 9616105549 | Production Possibilities; right shift indicates economic growth |  | 2 | |
| 9616105550 | market equilibrium |  | 3 | |
| 9616105551 | consumer surplus |  | 4 | |
| 9616105552 | producer surplus |  | 5 | |
| 9616105553 | increased demand = higher price and quantity |  | 6 | |
| 9616105554 | decreased demand = lower price and quantity |  | 7 | |
| 9616105555 | increased supply = lower $ and higher # |  | 8 | |
| 9616105556 | decreased supply = higher $ and lower # |  | 9 | |
| 9616105557 | price floor; causes a surplus |  | 10 | |
| 9616105558 | price ceiling; causes a shortage |  | 11 | |
| 9616105559 | perfect competition at equilibrium |  | 12 | |
| 9616105560 | perfect competition making a profit |  | 13 | |
| 9616105561 | perfect competition making a loss |  | 14 | |
| 9616105562 | perfect competition in a "shut down" position |  | 15 | |
| 9616105563 | monopoly making a profit |  | 16 | |
| 9616105564 | monopoly making a loss |  | 17 | |
| 9616105565 | monopolistic competition at equilibrium |  | 18 | |
| 9616105566 | supply and demand for labor |  | 19 | |
| 9616105567 | perfectly competitive demand for labor |  | 20 | |
| 9616105568 | monopsonistic competition for labor |  | 21 | |
| 9616105569 | a negative externality causes too many to be produced at too low a price |  | 22 | |
| 9616105570 | a positive externality causes too few to be produced at too low a price |  | 23 | |
| 9616105571 | the lorenz curve; measures income inequality |  | 24 |
