
A new Chapter 2 has been added, the purpose being to acquaint the student early in the course with the usefulness of microeconomics. Chapter 15 now contains the materials on input pricing that formerly occupied two chapters. My purpose in this book has been to show students repeatedly...

This is a book on applied microeconomics. It has been designed for the many classes given each year for students who want to learn to become better managers, public officials, lawyers, or members of other such professional groups. While the book's general structure and approach...