Microeconomics (Book Only)12th EditionArnold Publisher: CengageISBN: 9781305446281
Microeconomics (Book Only)
Browse All Chapters of This Textbook
Chapter 1 - What Economics Is AboutChapter 1.2 - A Definition Of EconomicsChapter 1.3 - Key Concepts In EconomicsChapter 1.5 - Ceteris Paribus And TheoryChapter A - Working With DiagramsChapter 2 - Production Possibilities Frontier FrameworkChapter 2.1 - The Production Possibilities FrontierChapter 3 - Supply And Demand: TheoryChapter 3.1 - What Is Demand?Chapter 3.2 - Supply
Chapter 3.3 - The Market: Putting Supply And Demand TogetherChapter 4 - Prices: Free, Controlled, And RelativeChapter 4.1 - PriceChapter 4.2 - Price ControlsChapter 4.3 - Two Prices: Absolute And RelativeChapter 5 - Supply, Demand, And Price: ApplicationsChapter 5.1 - Application 1: Tickets To The Big Bang TheoryChapter 5.2 - Application 2: Easier To Obtain Loans And Ghigher Housing PricesChapter 5.3 - Application 3: The Price Of An Aisle SeatChapter 5.4 - Application 4: What Will Happen To The Price Of Marijuna If The Purchase And Sale Of Marijuna Are LegalizedChapter 5.5 - Application 5: Speculators, Price Variability, And PatternsChapter 5.6 - Application 6: Why Is Medical Care So Expensive?Chapter 5.7 - Application 7: Why Do Colleges Use Gpa,s Actss, And Sats, For Purposes Of Admission?Chapter 5.8 - Application 8: Supply And Demand On A FreewayChapter 5.9 - Application 9: Are Renters Better Off?Chapter 5.10 - Application 10: Do You Pay For Good WeatherChapter 5.11 - Application 11: College Super AthletsChapter 5.12 - Application 12: 10 A. M. Classes In CollegeChapter 5.13 - Application 13: Salsa, Chips And BeerChapter 6 - ElasticityChapter 6.1 - Elasticity: Part 1Chapter 6.2 - Elasticity: Part 2Chapter 6.4 - The Relationship Between Taxes And ElasticityChapter 7 - Consumer Choice: Maximizing Utility And Behavioral EconomicsChapter 7.1 - Utility TheoryChapter 7.2 - Consumer Equilibrium And DemandChapter 7.3 - Behavioral EconomicsChapter C - Budget Constraint And Indifference Curve AnalysisChapter 8 - Production And CostsChapter 8.2 - Two Sides To Every Business FirmChapter 8.3 - ProductionChapter 8.4 - Costs Of Production: Total, Average, MarginalChapter 8.5 - Production And Costs In The Long RunChapter 9 - Perfect CompetitionChapter 9.1 - The Theory Of Perfect CompetitionChapter 9.2 - Perfect Competition In The Short RunChapter 9.3 - Perfect Competition In The Long RunChapter 9.4 - Topics For Analysis In The Theory Of Perfect CompetitionChapter 10 - MonopolyChapter 10.1 - The Theory Of MonopolyChapter 10.3 - Perfect Competition And MonopolyChapter 10.5 - Price DiscriminationChapter 11 - Monopolistic Competition, Oligopoly, And Game TheoryChapter 11.1 - The Theory Of Monopolistic CompetitionChapter 11.3 - Price And Output Under Cartel TheoryChapter 12 - Government And Product Markets: Antitrust And RegulationChapter 12.1 - AntitrustChapter 12.2 - RegulationChapter 13 - Factor Markets: With Emphasis On The Labor MarketChapter 13.1 - Factor MarketChapter 13.2 - The Labor MarketChapter 14 - Wages, Unions, And LaborChapter 14.2 - Practices Of Labor UnionsChapter 14.3 - Effects Of Labor UnionsChapter 15 - The Distribution Of Income And PovertyChapter 15.1 - Some Facts About Income DistributionChapter 15.2 - Measuring Income EqualityChapter 15.3 - Why Income Inequality ExistsChapter 15.4 - PovertyChapter 16 - Interest, Rent, And ProfitChapter 16.1 - InterestChapter 16.2 - RentChapter 16.4 - The EntrepreneurChapter 17 - Market Failure: Externalities, Public Goods, And Asymmetric InformationChapter 17.1 - ExternaliesChapter 17.2 - Internalizing ExternalitiesChapter 17.3 - Environmental PolicyChapter 17.4 - Publig Goods: Excludable And Non ExcludableChapter 17.5 - Asymmetric InformationChapter 18 - Public Choice And Special Interet Group PoliticsChapter 18.3 - Voters And Rational IgnoranceChapter 18.4 - More About VotingChapter 18.6 - Constitutional EconomicsChapter 19 - Building Theories To Explain Eveday Life: From Observations To Questions To Theories To PredictionsChapter 19.3 - Observation/thought 1: The Birthrates In Various Countries Are DifferentChapter 19.6 - Observation/thought 4: Criminals Are Not RationalChapter 19.10 - Observation/thought 8: People Who Give To Others Often Complain That They End Up Giving Too MuchChapter 20 - International TradeChapter 20.1 - International Trade TheoryChapter 20.2 - Trade RestictionsChapter 21 - International FinanceChapter 21.2 - Flexible Exchange RateChapter 21.3 - Fixed Exchange Rate
Book Details
Today's economy may be tough, but economics doesn't have to be. Let Roger Arnold's MICROECONOMICS, 12E open up the world of economic analysis. With more detailed coverage of the financial and economic crisis than any other principles text on the market, t
Sample Solutions for this Textbook
We offer sample solutions for Microeconomics (Book Only) homework problems. See examples below:
The opportunity cost will not be equal to all students in the class. The opportunity cost refers to...The relationship between hot dogs and hot dog buns is that both are complementary goods. The goods...Production–possibility frontier is the combination of different combinations of two goods that a...The market demand curve can be derived by adding each individual’s quantity demand at a different...If the demand rises and supply is constant, the equilibrium price and equilibrium quantity would...The reduction in employment when the wage rate is set above the equilibrium is illustrated below: In...Figure 1 shows the demand curve for colleges A and B as follows: In Figure 1, the vertical axis...The midpoint formula for calculating price elasticity of demand is given below: Price elasticity of...The utility maximization is consistent with the law of demand. Assume that a bundle of goods X and Y...
Since the income is $4,000 and price of good X is $50, the quantity of good X can be calculated as...This theory was developed by the economists Armen Alchian and Harold Demsetz. They suggest that a...Price is always equal to the marginal revenue of a firm in a perfectly competitive market. This is...Monopolists can earn a profit when its price is greater than the average total cost. A monopoly will...The monopolistic market is a blend of monopoly and perfect competition. In the short run, the...There are five firms in the industry namely A, B, C, D, and E. Each firms’ market share is shown in...The marginal revenue product (MRP) shows the market value of the product, and the value marginal...Decline in employment for a given wage increases because of the elasticity of demand for laborers....It cannot be agreed that the total income earned by different income groups must be always earned...Future value (FV) is $1,000. Interest rate (i) is 5%. Time period (n) is 2. Present value (PV) can...The present value (PV) can be calculated using the formula given below: PV=∑An(1+i)n (1) Here An is...The major reason for market failure is negative externality, that is, a third party suffers from the...Suppose the government decides to make a cost benefit analysis in the economy, it takes 6 persons...No theory cannot perfectly describe the reality because the main job of a theory is to find why the...The production of countries A and B is shown in the table below: Table 1 Country Commodity...Suppose there are two countries, namely A and B. If Country A wants to make trade with Country B, A...
More Editions of This Book
Corresponding editions of this textbook are also available below:
Microeconomics, Concise Edition (with Infotrac) (available Titles Cengagenow)
1st Edition
ISBN: 9780324315011
Microeconomics (with Video Office Hours Printed Access Card)
10th Edition
ISBN: 9781111822941
Micro Economics Lakeland Community College
10th Edition
ISBN: 9781133768531
Microeconomics
14th Edition
ISBN: 9780357720707
Lms Integrated Mindtapv2.0 Microeconomics, 1 Term (6 Months) Printed Access Card, 12th
12th Edition
ISBN: 9781337273565
Bundle: Microeconomics, Loose-leaf Version, 12th + Lms Integrated Mindtapv2.0 Microeconomics, 1 Term (6 Months) Printed Access Card
12th Edition
ISBN: 9781337802543
Mindtap Economics, 1 Term (6 Months) Printed Access Card For Arnold's Microeconomics, 12th
12th Edition
ISBN: 9781305396739
Microeconomics (Book Only)
12th Edition
ISBN: 9781285738307
Bundle: Microeconomics, Loose-leaf Version, 12th + LMS Integrated MindTap Economics, 1 term (6 months) Printed Access Card
12th Edition
ISBN: 9781305714403
Microeconomics (Looseleaf)
12th Edition
ISBN: 9781305399433
Bundle: Microeconomics, Loose-leaf Version, 12th + Mindtap Economics, 1 Term (6 Months) Printed Access Card
12th Edition
ISBN: 9781305617360
Bundle: Microeconomics, Loose-leaf Version, 12th + Aplia, 1 Term Printed Access Card
12th Edition
ISBN: 9781305617384
MindTapV2.0 Microeconomics, 1 term (6 months) Printed Access Card, 12th (MindTap Course List)
12th Edition
ISBN: 9781337273459
Microeconomics (with Digital Assets, 2 terms (12 months) Printed Access Card) (MindTap Course List)
12th Edition
ISBN: 9781285738352
Microeconomics (MindTap Course List)
14th Edition
ISBN: 9780357720639
MICROECONOMICS-MINDTAP (1 TERM)
14th Edition
ISBN: 9780357720660
MICROECONOMICS (LOOSE)-W/MINDTAP
14th Edition
ISBN: 9780357754559
MICROECONOMICS-MINDTAP (1 TERM)
13th Edition
ISBN: 9780357686942
Aplia, 1 Term Printed Access Card For Arnold's Microeconomics, 13th
13th Edition
ISBN: 9781337621618
Bundle: Microeconomics, Loose-leaf Version, 13th + MindTap Economics, 1 term (6 months) Printed Access Card
13th Edition
ISBN: 9781337742573
MICROECONOMICS
13th Edition
ISBN: 9780357094860
Microeconomics
13th Edition
ISBN: 9781337617406
Microeconomics - With MindTap (1 Term)
13th Edition
ISBN: 9781337742498
Microeconomics - With LMS Integrated MindTap
13th Edition
ISBN: 9781337742511
Microeconomics
13th Edition
ISBN: 9781337617451
Bundle: Microeconomics, 13th + Aplia, 1 Term Printed Access Card
13th Edition
ISBN: 9781337742535
MICROECONOMICS LL W/APLIA
13th Edition
ISBN: 9781337742610
Microeconomics
13th Edition
ISBN: 9781337671590
EBK MICROECONOMICS
13th Edition
ISBN: 8220106798652
MindTap for Arnold's Microeconomics, 1 term Instant Access
14th Edition
ISBN: 9780357720653
Microeconomics
98th Edition
ISBN: 9780538894142
MICROECONOMICS 14TH ED
14th Edition
ISBN: 9780357720714
Microeconomics 5ed
5th Edition
ISBN: 9781125879375
Related Economics Textbooks with Solutions
Still sussing out bartleby
Check out a sample textbook solution.
