ZIMSEC A-Level Economics
4Supply Theory
Overview
Form 5 (competency matrix 8.1.4) and Form 6 (8.2.2: growth of firms and small and medium enterprises).
In this topic
Lessons
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Supply: the supply curve, its determinants and shifts
40 min
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Consumer surplus and producer surplus
45 min
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Market equilibrium and the effects of shifts in demand and supply
50 min
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Price elasticity of supply
40 min
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Long-run costs and economies of scale
45 min
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Short-run costs: total, average and marginal
45 min
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Short-run production and diminishing returns
40 min
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How firms grow: organic growth, mergers and takeovers
50 min
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Multinational companies and foreign direct investment
50 min
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Small and medium enterprises: survival, problems and support
45 min
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Sample question
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