Macroeconomics  >  TEST BANKS  >  Manual For Exploring Microeconomics, 6th Edition Robert L. SextonColin C. KovacsPeter N. Fortura Ins (All)

Manual For Exploring Microeconomics, 6th Edition Robert L. SextonColin C. KovacsPeter N. Fortura Instructor Manual

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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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