Macroeconomics > TEST BANKS > Manual For Exploring Microeconomics, 6th Edition Robert L. SextonColin C. KovacsPeter N. Fortura Ins (All)
Exploring Microeconomics, 6th Edition Robert L. Sexton Colin C. Kovacs Peter N. Fortura Answer Key Copyright © 2024 Cengage Learning Canada, Inc. 2 CONTENTS 1. THE ROLE AND METHOD OF ECONOMICS . ... ............................................................................................ 1 2. SCARCITY, TRADE-OFFS, AND PRODUCTION POSSIBILITIES................................................................ 8 3. SUPPLY AND DEMAND ........................................................................................................................... 13 4. BRINGING SUPPLY AND DEMAND TOGETHER ..................................................................................... 26 5. ELASTICITY............................................................................................................................................ 35 6. CONSUMER CHOICE AND MARKET EFFICIENCY ................................................................................ 40 7. PRODUCTION AND COSTS...................................................................................................................... 46 8. PERFECT COMPETITION........................................................................................................................ 50 9. MONOPOLY ............................................................................................................................................ 56 10. MONOPOLISTIC COMPETITION AND OLIGOPOLY ............................................................................. 64 11. LABOUR MARKETS AND THE DISTRIBUTION OF INCOME................................................................. 71 12. MARKET FAILURE AND THE ENVIRONMENT ..................................................................................... 75 [Show More]
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