'Consumption activities' presentation slideshows

Market Failure

Market Failure. Public goods Common access resources and the threat to sustainability (Tragakes, 2012, pp. 119-130). Lack of Public goods. A private good has two characteristics:

466 views • 28 slides

Market Failure

Market Failure. Public goods Common access resources and the threat to sustainability (Tragakes, 2012, pp. 119-130). Lack of Public goods. A private good has two characteristics:

375 views • 28 slides

Demand: The Benefit Side of the Market

Demand: The Benefit Side of the Market. Law of Demand. Law of Demand People do less of what they want to do as the cost of doing it rises Recall the Cost-Benefit Principle Pursue an action if and only if its benefits are at least as great as its costs Recall the Reservation Price

498 views • 18 slides

AQA Econ 1: Markets and market failure

196 views • 11 slides