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Delimiter between question and answer:

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MFC or MRC
Wages (marginal factor or resource cost)
MP*P
MRP or MRV
Collusive oligopoly
Cartel
Factor market with one employer of the factor
Monopsony
Factor market with many firms and qualified factors
perfect competition
Market with one firm
Monopoly
Price elasticity of supply
%change q supplied/%change price
Productive Efficiency
p=min ATC
Allocative Efficiency
MC=MB(P)
Profit Max between capital and labor
MRPk/PK=MRPL/PL
Allocation to min costs between capital and labor
MPk/Pk=MPl/Pl
Cross elasticity of demand
%change Qa/%change Pb
Income elasticity of demand
%change Q/%change Income
Price elasticity of Demand
%Change Q/%change Price
Equation used to determine quantity of a resource to hire
MRP=MRC or MRV=MFC
Equation used to determine profit max quantity
MR=MC


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