Solutions for Microeconomics (2nd Edition) (Pearson Series in Economics)
Browse All Chapters of This Textbook
Chapter 1 - The Principles And Practice Of EconomicsChapter 2 - Economic Methods And Economic QuestionsChapter 3 - Optimization: Doing The Best You CanChapter 4 - Demand, Supply, And EquilibriumChapter 5 - Consumers And IncentivesChapter 6 - Sellers And IncentivesChapter 7 - Perfect Competition And The Invisible HandChapter 8 - TradeChapter 9 - Externalities And Public GoodsChapter 10 - The Government In The Economy: Taxation And Regulation
Chapter 11 - Markets For Factors Of ProductionChapter 12 - MonopolyChapter 13 - Game Theory And Strategic PlayChapter 14 - Oligopoly And Monopolistic CompetitionChapter 15 - Trade-offs Involving Time And RiskChapter 16 - The Economics Of InformationChapter 17 - Auctions And BargainingChapter 18 - Social Economics
Sample Solutions for this Textbook
We offer sample solutions for Microeconomics (2nd Edition) (Pearson Series in Economics) homework problems. See examples below:
In an economy, most goods have limited supply whereas their wants are unlimited. That means the...Every economist is required to do research and studies with an intent to develop models. The...Optimization is one of the major principles, upon which economics is based. It refers to the process...The term is used to explain that an action takes place assuming that all the other factors, which...In a perfectly competitive market structure, there exist large number of buyers and sellers trading...It is given that a firm has 55 percent share of global market for its product and the remaining 147...The Elasticity of demand states the sensitivity of change in quantity demanded due to a change in...Budget constraint represents the choice trade-off that an economic agent has to make. It takes the...Externalities can be defined as the cost or benefit which is received by the third party who doesn’t...
Government faces a situation of budget surplus when the tax revenue collected by the government is...The demand for labor is estimated using three variables, namely marginal product of labor MPL, wage...Monopoly is a market of one seller who is selling a unique product, and faces no competition because...Dominant strategy refers to a player choosing the same alternative regardless of what the other...In perfect competition, trading takes place in homogeneous (identical) products, but in the...According to the time value of money, a dollar in the present time is worth more than a dollar in...Every transaction has a buyer and a seller who interact with each other to derive utility. When a...Auction refers to a process where the buyers are parties that are able to declare prices for a good,...The standardized version of “Homo economicus” considers individuals to be fundamentally rational....
More Editions of This Book
Corresponding editions of this textbook are also available below:
Pearson eText Macroeconomics -- Instant Access (Pearson+)
3rd Edition
ISBN: 9780137386123
Pearson eText Microeconomics -- Instant Access (Pearson+)
3rd Edition
ISBN: 9780137390625
Microeconomics Plus NEW MyEconLab with Pearson eText - Access Card Package (Acemoglu, Laibson & List, The Economics Series)
1st Edition
ISBN: 9780133578034
EBK MICROECONOMICS
1st Edition
ISBN: 9780133825695
EBK MICROECONOMICS
1st Edition
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Microeconomics, Student Value Edition (Pearson Series in Finance)
1st Edition
ISBN: 9780133487220
EBK MICROECONOMICS
1st Edition
ISBN: 8220100798986
Microeconomics, Student Value Edition Plus NEW MyEconLab with Pearson eText -- Access Card Package (Pearson Series in Economics)
1st Edition
ISBN: 9780133582529
Microeconomics (The Pearson Series in Economics)
1st Edition
ISBN: 9780321391575
NEW MyLab Economics with Pearson eText - Access Card - for Microeconomics
1st Edition
ISBN: 9780133498943
FD MATERIALS MICROECONOMICS W/ MYLAB
3rd Edition
ISBN: 9780135794203
Microeconomics
3rd Edition
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EBK MICROECONOMICS
3rd Edition
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Microeconomics Plus Mylab Economics With Pearson Etext -- Access Card Package (2nd Edition) (the Pearson Series In Finance)
2nd Edition
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EBK MICROECONOMICS
2nd Edition
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Pearson eText Microeconomics -- Access Card
2nd Edition
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Microeconomics, Student Value Edition (2nd Edition)
2nd Edition
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EBK MICROECONOMICS
2nd Edition
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MyLab Economics with Pearson eText -- Access Card -- for Microeconomics
2nd Edition
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Microeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (2nd Edition)
2nd Edition
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EBK MICROECONOMICS
2nd Edition
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Microeconomics Plus Pearson Mylab Economics With Pearson Etext, Global Edition
2nd Edition
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Microeconomics, Global Edition
2nd Edition
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MICROECONOMICS
3rd Edition
ISBN: 9780135798614
MICROECONOMICS-MYECONLAB
3rd Edition
ISBN: 9780135794296
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