Micro Economic Edexcel A level diagrams

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• Price taker (AR + TR)
• AC + AFC + MC + AVC
• EoS
• PPF
• Perfect, unit, elastic, inelastic demand
• Perfect, unit, elastic, inelastic, inelastic supply
• Negative externality of production
• positive externality of consumption
• Max price / min price
• Price discrimination
• Profit, revenue, sales maximisation
• Allocative, productive, dynamic efficiency
• Labour min/max wage
• Business cycle
• Tradable pollution permit