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Factor Markets with Monopoly Power:Monopoly Power of Sellers of Labor
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Table of Contents:
ECONOMICS:Themes of Microeconomics, Theories and Models
Economics: Another Perspective, Factors of Production
REAL VERSUS NOMINAL PRICES:SUPPLY AND DEMAND, The Demand Curve
Changes in Market Equilibrium:Market for College Education
Elasticities of supply and demand:The Demand for Gasoline
Consumer Behavior:Consumer Preferences, Indifference curves
CONSUMER PREFERENCES:Budget Constraints, Consumer Choice
Note it is repeated:Consumer Preferences, Revealed Preferences
MARGINAL UTILITY AND CONSUMER CHOICE:COST-OF-LIVING INDEXES
Review of Consumer Equilibrium:INDIVIDUAL DEMAND, An Inferior Good
Income & Substitution Effects:Determining the Market Demand Curve
The Aggregate Demand For Wheat:NETWORK EXTERNALITIES
Describing Risk:Unequal Probability Outcomes
PREFERENCES TOWARD RISK:Risk Premium, Indifference Curve
PREFERENCES TOWARD RISK:Reducing Risk, The Demand for Risky Assets
The Technology of Production:Production Function for Food
Production with Two Variable Inputs:Returns to Scale
Measuring Cost: Which Costs Matter?:Cost in the Short Run
A Firm’s Short-Run Costs ($):The Effect of Effluent Fees on Firms’ Input Choices
Cost in the Long Run:Long-Run Cost with Economies & Diseconomies of Scale
Production with Two Outputs--Economies of Scope:Cubic Cost Function
Perfectly Competitive Markets:Choosing Output in Short Run
A Competitive Firm Incurring Losses:Industry Supply in Short Run
Elasticity of Market Supply:Producer Surplus for a Market
Elasticity of Market Supply:Long-Run Competitive Equilibrium
Elasticity of Market Supply:The Industry’s Long-Run Supply Curve
Elasticity of Market Supply:Welfare loss if price is held below market-clearing level
Price Supports:Supply Restrictions, Import Quotas and Tariffs
The Sugar Quota:The Impact of a Tax or Subsidy, Subsidy
Perfect Competition:Total, Marginal, and Average Revenue
Perfect Competition:Effect of Excise Tax on Monopolist
Monopoly:Elasticity of Demand and Price Markup, Sources of Monopoly Power
The Social Costs of Monopoly Power:Price Regulation, Monopsony
Monopsony Power:Pricing With Market Power, Capturing Consumer Surplus
Monopsony Power:THE ECONOMICS OF COUPONS AND REBATES
Airline Fares:Elasticities of Demand for Air Travel, The Two-Part Tariff
Bundling:Consumption Decisions When Products are Bundled
Bundling:Mixed Versus Pure Bundling, Effects of Advertising
MONOPOLISTIC COMPETITION:Monopolistic Competition in the Market for Colas and Coffee
OLIGOPOLY:Duopoly Example, Price Competition
Competition Versus Collusion:The Prisoners’ Dilemma, Implications of the Prisoners
COMPETITIVE FACTOR MARKETS:Marginal Revenue Product
Competitive Factor Markets:The Demand for Jet Fuel
Equilibrium in a Competitive Factor Market:Labor Market Equilibrium
Factor Markets with Monopoly Power:Monopoly Power of Sellers of Labor