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UNIT 1 Forces and Equilibrium
1 Separation or Purification or Experimental Techniques
MAXIMUM PRICE
Profit satisficing/Allocative efficiency
Disadvantages of supermarkets
162 Economics A2 Level 9708 Revision Notes Series Information & Communication Technology UNIT 1 Forces and EquilibriumEconomics A2 Level Revision Notes Series By Zain Mushtaq TABLE OF CONTENT UNIT 1 CONSUMER BEHAVIOUR Law of diminishing marginal utility Indifference curves and budget lines UNIT 2 TYPES OF COSTS, REVENUE AND PROFIT, SHORT RUN AND LONG RUN PRODUCTION The short run and the long run Law of diminishing returns (Law of variable proportions) Short run costs Average costs and marginal cost Production and costs in the long run Economies and dis economies of
