End-of-Chapter Solutions


Chapter  1 What Is Economics
Chapter  2 Making and Using Graphs
Chapter  3 The Economic Problem


Chapter  4 Demand and Supply
Chapter  5 Elasticity
Chapter  6 Efficiency and Equity
Chapter  7 Markets in Action


Chapter  8 Utility and Demand
Chapter  9 Possibilities, Preferences, and Choices


Chapter 10 Organizing Production
Chapter 11 Output and Costs
Chapter 12 Perfect Competition
Chapter 13 Monopoly
Chapter 14 Monopolistic Competition and Oligopoly


Chapter 15 Demand and Supply in Resource Markets
Chapter 16 Labour Markets
Chapter 17 Inequality and Redistribution


Chapter 18 Market Failure and Public Choice
Chapter 19 Competition Policy
Chapter 20 Externalities, the Environment, and Knowledge


Chapter 35 Trading with the World