Diagrams 2024 Exam Study Guide
Production Possibility Frontier
Supply and demand diagram showing equilibrium
Supply and demand surplus - consumer and producer
Increase in demand
Decrease in demand
Increase in supply
,Decrease in supply
Consumer surplus
Producer surplus
Inelastic demand
Elastic demand
Unitary elastic demand
, Perfectly elastic demand
Perfectly inelastic demand
Substitutes diagram
Ad valorem tax
Tax diagram
Subsidy diagram
Negative externality of consumption