Name: Microeconomics: Private and Public Choice (MindTap Course List)
Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ISBN: 9781285453569

Chapter 1 - The Economic Approach Chapter 2 - Some Tools Of The Economist Chapter 3 - Demand, Supply And The Market Process Chapter 4 - Demand And Supply: Applications And Extensions Chapter 5 - Difficult Cases For The Market And The Role Of Government Chapter 6 - The Economics Of Political Action Chapter 7 - Consumer Choice And Elasticity Chapter 8 - Costs And The Supply Of Goods Chapter 9 - Price Takers And The Competitive Process Chapter 10 - Price-searcher Markets With Low Entry Barriers

Chapter 11 - Price-searcher Markets With High Entry Barriers Chapter 12 - The Supply Of And Demand For Productive Resources Chapter 13 - Earnings, Productivity, And The Job Market Chapter 14 - Investment, The Capital Market, And The Wealth Of Nations Chapter 15 - Income Inequality And Poverty Chapter 16 - Gaining From International Trade Chapter ST1 - Government Spending And Taxation Chapter ST2 - The Economics Of Social Security Chapter ST3 - The Stock Market: Its Function, Performance, And Potential As As Investment Opportunity Chapter ST4 - Great Debates In Economics: Keynes Versus Hayek Chapter ST5 - The Crisis Of 2008: Causes And Lessons For The Future Chapter ST6 - Lessons From The Great Depression Chapter ST7 - The Economics Of Health Care Chapter ST8 - Earnings Differences Between Men And Women Chapter ST9 - Do Labor Unions Increase The Wages Of Workers?Chapter ST10 - The Question Of Resource Exhaustion Chapter ST11 - Difficult Environmental Cases And The Role Of Government

Book Details

MICROECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, reflects current economic conditions, enabling students to apply economic concepts to the world around them, and includes a robust set of online multimedia learning tools.

Sample Solutions for this Textbook

We offer sample solutions for Microeconomics: Private and Public Choice (MindTap Course List) homework problems. See examples below:

Option (a): When the temperature reduces from 80 degrees Fahrenheit to 50 degrees Fahrenheit, water...In an economy, ‘J’ will get $5,000 by trading used car to ‘S’. In this case, by getting $5,000, ‘J’...An increase in the price of pork would lead to a fall in the quantity demanded of pork. This would...An increase in the demand for housing leads to an increase in the demand for goods and services. To...In the market, if the payment is not demanded for the goods and services, then the potential...The public choice analysis uses the economic methods and tools to analyze political problems in an...The effect of an increase in tuition revenue depends on the price elasticity of demand. Suppose, the...The owners, whose income depends on the profit of the firm, are called as residual income claimants....Marginal product can be calculated using the following formula: Marginal product=Total...

In the short run, the lower resource price will make profit in the market. This is because in the...Marginal cost can be calculated using the following formula: Marginal Cost=Change in Total...The price-searcher markets are those markets with the downward sloping demand curve and with lower...Barriers to entry are crucial for the existence of long run profit. It is because a firm can make...The derived demand is a famous economic concept explains the demand for goods and services is bring...Wage is the income paid to the laborers for using their skill for the process of production. The...Option (a): When the population that saves more increases, it leads to increase the aggregate saving...The market value of a product is determined by its present value. With the given information, the...Income inequality is the unequal distribution of income or wages across various participants in an...Every economy has their own natural resources, which are being used for the production of goods and...The tax will reduce the efficiency because taxes are the burden imposed by the government on its...Social insurance is a government program that provides social security and aid from any losses, such...People can choose a diversified portfolio to get a high return with low risk. If an individual only...According to Keynes, only the government intervention with increasing spending can stimulate the...The recession of 2001 induces the Fed to adopt highly expansionary monetary policy. As a part of...During 1920s, the stock market grows up rapidly. It hits the history of growth and achieves its peak...The insurance companies provide third-party insurance, and government provides out-of-pocket...The earnings of women are lower when comparing it with the earnings of men. Employment...When the workers are unionized, the wage rate will increase. This will lead to increase in the cost...If the world were about to run out of a highly valued resource, then the resource is a scarced one....Limits on fishing season is used a measure to control overfishing in the oceans, while this type of...

More Editions of This Book

Corresponding editions of this textbook are also available below:

MICROECONOMICS:PRIVATE...(LL)-W/MINDTAP

17th Edition

ISBN: 9780357534908

MICROECONOMICS:PRIVATE...-MINDTAP

17th Edition

ISBN: 9780357134122

MICROECONOMICS:PRIVATE...(LL)-TEXT

MICROECONOMICS:PRIVATE...-W/ACCESS

17th Edition

ISBN: 9780357534885

Microeconomics: Private and Public Choice

14th Edition

ISBN: 9781111970611

Bundle: Microeconomics: Private And Public Choice, 15th + Mindtap Economics Access Code

15th Edition

ISBN: 9781305361423

Microecon.Priv. and Pub... - Access (Custom)

15th Edition

ISBN: 9781305497870

Microeconomics - With Access (Custom Package)

15th Edition

ISBN: 9781305703087

Microeconomics: Private and Public Choice (MindTap Course List)

15th Edition

ISBN: 9781305176805

Aplia Printed Access Card for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice, 15th

15th Edition

ISBN: 9781285857411

Aplia for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice, 16th Edition, [Instant Access], 1 term (6 months)

16th Edition

ISBN: 9781305648210

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN: 9781305506893

Bundle: Microeconomics: Private and Public Choice, Loose-leaf Version, 16th + LMS Integrated MindTap Economics, 1 term (6 months) Printed Access Card

16th Edition

ISBN: 9781337497527

Bundle: Microeconomics: Private And Public Choice, 16th + Mindtap Economics, 1 Term (6 Months) Printed Access Card

16th Edition

ISBN: 9781337497428

Microeconomics: Private and Public Choice - With Aplia Access

16th Edition

ISBN: 9781337497480

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN: 9781337516273

Bundle: Microeconomics: Private and Public Choice, Loose-leaf Version, 16th + MindTap Economics, 1 term (6 months) Printed Access Card

16th Edition

ISBN: 9781337497503

Microeconomics: Public and Private Choice, 16th edition - Online Access Code

16th Edition

ISBN: 9781305648227

MindTap Economics, 1 term (6 months) Printed Access Card for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice, 16th (MindTap Course List)

16th Edition

ISBN: 9781305648197

Bundle: Microeconomics: Private and Public Choice, Loose-leaf Version, 16th + Aplia, 1 term Printed Access Card

16th Edition

ISBN: 9781337497541

EBK MICROECONOMICS: PRIVATE AND PUBLIC

16th Edition

ISBN: 8220103612142

Microeconomics: Private And Public Choice, Loose-leaf Version

16th Edition

ISBN: 9781305631861

MINDTAP ECONOMICS FOR GWARTNEY/STROUP/S