INSTRUCTOR’S MANUAL Microeconomics for Life 2nd Edition Smart Choices for You Avi J. Cohen
TABLE OF CONTENT:
Chapter 1 Scarcity, Opportunity Cost, Trade, and Models 1
Chapter 2 The Law of Demand 13
Chapter 3 The Law of Supply 22
Chapter 4 Demand and Supply 32
Chapter 5 Elasticity 45
Chapter 6 Government Policy Choices 60
Chapter 7 Opportunity Costs, Economic Profits and Losses,
and the Miracle of Markets
72
Chapter 8 Monopoly to Competition and In Between 80
Chapter 9 Marginal Revenue and Marginal Cost 89
Chapter 9
Perfect Competition: Productivity, Costs, Quantities, and Profits 100
Chapter 10 Natural Monopoly, Gaming, Competition, and Government 111
Chapter 11 Externalities, Carbon Taxes, Free Riders, and Public Goods 121
Chapter 12 Inputs, Incomes, and Inequality 133
