See what we can offer to your school
"SimpleStudy just makes sense...”
Get the best plan for your school
10 cards from this deck
Resources not used to produce max goods at lowest cost
Wrong mix of goods produced; not what consumers want/need
Can't increase one's welfare without making another worse off
Overproduction & underpricing of harmful goods
Underproduction of beneficial goods/services
Campaigns, taxes, laws/regulations
Subsidies, direct provision, advertising
Higher pay for workers but potential unemployment
Makes goods affordable but creates shortages
Protects producers' profits but creates surplus
Select your subjects, and get access to A+ resources today.