Name the graph | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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What is the price elasticity of supply when the price rises from $10 to $12?

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Which diagram shows a continuous decline in the cost of living?

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What does this graph illustrate

Perfectly elastic demand

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What is represented by the blue and red area

Tax Revenue

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what does the graph show

Maximum Price

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What is indicated by A, B and C

Economies of scale, Minimum efficient scale, diseconomies of scale

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What is indicated by point R

Minimum Efficient Scale

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What is the extent is of disequilibrium in the market at a price of $2.50

Supply exceeds demand by 400,000 tonnes

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Identify what this graph shows

Perfectly Inelastic Demand

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What costs curve does this upward sloping curve represent?

Variable Costs

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eraser

Reset score!

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fairy

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rocket

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banana

Go to last place!

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banana

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rocket

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fairy

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baam

Lose 25 points!

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The fact that a government has imposed a tax on cigarettes whilst also simultaneously advertising the negative health impact of smoking is shown by which diagram

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seesaw

Swap points!

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rocket

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rocket

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baam

Lose 10 points!

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identify the change in employment after a trade union negotiates a wage of W

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banana

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fairy

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rocket

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banana

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