Provides a treatment of microeconomic theory with a minimal level of mathematics and features examples of business applications to provide students with a presentation of theory at work in real companies, industry and government. This edition includes information on antitrust laws and bundling.
The Study Guide, prepared by Valerie Suslow of the University of Michigan and Jonathan Hamilton of the University of Florida, provides a wide variety review materials and exercises for students. Each chapter contains a list of important concepts, chapter highlights, a concept review, problem sets, and a self-test quiz. Worked out answers and solutions are provided for all exercises, problem sets, and self-test questions.