Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

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Solutions Manual

Figures and Tables

Chapter 1Equilibrium and Efficiency

Figures and Tables

Exercise 1.13: Possible shares

x

y

Exercise 1.13: Faster rate of decline

x

y

Chapter 2Equilibrium and Efficiency

Figures and Tables

Exercise 2.4: Budget constraint

1

21 22

p

pp

2

21 22

p

pp

2

2

Good 1

Good 2

Exercise 2.7: Edgeworth box and equilibria

3

3

111

1

212

2

122

221

Exercise 2.7: Non-square Edgeworth box

5

3

1

2

Exercise 2.8: Indifference curves

1

2

1I

2I

Exercise 2.8: Improving welfare

1

2

e

Exercise 2.8: Equilibrium budget constraint

1

2

e

Exercise 2.11: Excess demand

1p

1Z

5.0

75.0

Exercise 2.12: Profit

2p2/12 p

Exercise 2.13: Representation of fixed costs

Input

Output

F

Exercise 2.15: Possibility of non-production

Labor

Output

Productionfrontier

Indifferencecurve

Exercise 2.20: Indifference curves

Good 1

Good 2

Exercise 2.20: Every allocation is Pareto-efficient

1

2

Exercise 2.20: Efficient allocations on the boundary

1

2

Pareto efficient

Exercise 2.21: Pareto-efficient allocations

1

2

Exercise 2.12: Equilibrium

1

2

e

Exercise 2.22: Preferences of consumer 2

Good 1

Good 2

Exercise 2.22: Pareto-efficient allocations

1

2

a

b

c

d

Exercise 2.23: Pareto-efficient allocations

Pareto-efficientallocations

Exercise 2.23: Pareto-efficient allocations

Pareto-efficientallocations

Exercise 2.25: A Pareto-efficient allocation that cannot be

decentralized

a b

Chapter 3Public Sector Statistics

Figures

Chapter 5Public Goods

Figures and Tables

Chapter 6Club Goods and Local Public

GoodsFigures

Chapter 7Externalities

Figures

Chapter 8Imperfect Competition

Figures and Tables

Chapter 9Asymmetric Information

Figures and Tables

Chapter 10Political Economy

Figures and Tables

Chapter 11Rent-Seeking

Figures

Chapter 12Optimality and Comparability

Figures and Tables

Chapter 13Inequality and Poverty

Figures and Tables

Chapter 14Commodity Taxation

Figures and Tables

Chapter 15Income Taxation

Figures and Tables

Chapter 16Tax Evasion

Figures and Tables

Chapter 17Fiscal Federalism

Figures and Tables

Chapter 18Fiscal Competition

Figures and Tables

Chapter 19Intertemporal Efficiency

Figures and Tables

Chapter 20Social Security

Figures and Tables

Chapter 21Economic Growth

Figures and Tables

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