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      • 2.5: Elasticity (PeD + YeD)
      • 2.6: PeS
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      • 4.9 Barriers
      • 4.10 strategies
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    • Section 1: Intro
    • Section 2: Micro >
      • 2.1 Demand
      • 2.2 Supply
      • 2.3 Supply + Demand
      • 2.4 (HL) Behaviour: consumer+firm
      • 2.5: Elasticity (PeD + YeD)
      • 2.6: PeS
      • 2.7: intervention
      • 2.8 Market Failure
      • 2.9: Failure - Public Goods
      • 2.10 Failure Asymetric (HL)
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    • Unit 1: Introduction
    • Units 2: MICRO Business Firm + Mixed Market >
      • 2.1 Demand
      • 2.2 Supply
      • 2.3 Supply + Demand
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      • Macro Project
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Syllabus Unit 2: Microeconomics      SUPPLY              2.2 

R + R

99
Big Ideas

426

426 Quizlet
IBQ
IBQ samples
2.1 Mayu - Syllabus Notes
2.1 Mayu - Syllabus Notes (pdf)
Microeconomics 2.2​ 
202  Supply Function (32)
206 3 TASKS: Supply Worksheet (32)
213 - 16 Market Events worksheet (35)
214 - Fruit Juices Data Response (35)
220 Diamond market
218 Exam Practice: Signal + Incentive (36)
221 Does Ceteris Paribus work?
119 Best Answer for this IBQ
201 Diminishing Returns (29) (HL Only)
 2.1-2.3 - Competitive Markets Key Terms

1.     Market

2.     Price mechanism

3.     price (signal and incentive function)

4.     consumer demand

5.     market demand

6.     firm supply

7.     market supply

8.     clearing price/equilibrium

9.     demand function

10.  law of demand

11.  supply function

12.  law of supply

13.  ceteris paribus

14.  movement in demand

15.  movement in supply

16.  price control

17.  productive efficiency

18.  shift in demand

19.  shift in supply

20.  subsidy

21.  normal goods

22.  inferior goods

23.  substitute goods

24.  complementary goods

25.  producer surplus

26.  consumer surplus

27.  community/social surplus

28.  Allocative efficiency (marginal benefit = marginal cost)

Phrases from syllabus:

1.     Price (signal and incentive function) 

Picture
2.123 - Big Ideas
You Tube for  2.1-2.2-2.3
VID 1: MRU Intro to Supply
VID 2: MRU Supply + Producer Surplus
VID 5: Supply: supply chain problems
VID 6: Supply: Mjm Foodie
VID 3: Supply Shifts
VID 4: Welker: Diminishing Marginal Returns (Product)
VID 7: Welker: Supply Shift + Movement
105- word version
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