PreparED Study Materials
ECON 106P: Pricing and Strategy
School: University of California - Los Angeles
Number of Notes and Study Guides Available: 17
Notes
Study Guides
Videos
Comparing Four-firm Ratio & HHI: Assessing Market Concentration & Powe
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the differences between the Four-firm Concentration Ratio and the Herfindahl-Hirschman Index. Understand how they assess market concentration and dominance. Get insights into market power dynamics by comparing these two indices.
Scarcity: Balancing Infinite Wants with Limited Resources in Economics
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the fundamental concept of scarcity in economics. Understand the tension between our infinite desires and the finite resources we have. Grasp how scarcity influences our choices, necessitating trade-offs in everyday decisions.
Barter to Money: How Double-Coincidence of Wants Evolved Trade
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the historical barter system and its challenges, particularly the double-coincidence of wants. Witness how the need for simpler transactions led societies from direct barter to embracing mediums of exchange like money.
Profit-Maximizing in Competitive Markets: Unraveling P=MC & Its Impact
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Discover the power of the profit-maximizing rule in perfectly competitive markets. Unearth how setting price equal to marginal cost optimizes consumer and producer benefits. Grasp the significance of this rule for societal resource utilization.
Economic Resources Explained: The Pillars of Production in the Economy
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Uncover the fundamental concept of economic resources and their pivotal roles. From land and labor to capital and entrepreneurship, grasp the intricacies that drive production. Experience an insightful look into the elements shaping our economic activities.
Urban Development: New Cities' Impact and Equilibrium
Want To Learn More? To watch the entire video and ALL of the videos in the series:
This video explores urban utility curves, workforce dynamics, and the impact of creating new cities on growth and equilibrium, with a focus on the utility of workers.
Textbook Solutions (0)
Top Selling Study Tools
Econ 11- week 3 notes (Economics)
ECON 11
University of California - Los Angeles
2 pages | Fall 2015