Hello, can you please explain these concepts?

Opportunity costs and production possibility curves and calculations for a country

Demand and supply - graph and identify equilibrium

Factors affecting supply and demand - what shifts the demand or supply curve vs. what causes consumers to move along the curve - create graph to illustrate change

Types of goods - normal, inferior, complementary, substitutes, independent

Elasticity -calculating, interpreting and identifying all types of elasticity (elastic, inelastic, unitary, cross elasticity)

Calculating implicit and explicit costs, accounting vs. economic profit and loss, TVC, AVC, AFC, TC and ATC - interpret and make decisions regarding number of labourers and levels of production

Types and shapes of cost curves for the different types of industries

Public goods, subsidies, asymmetric information, moral hazards, and externalities

Types and characteristics of the 4 market structures, calculations of concentration ratios