solutions manual figures and tables. chapter 1 equilibrium and efficiency figures and tables

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Solutions Manual Figures and Tables

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

Solutions Manual

Figures and Tables

Page 2: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 1Equilibrium and Efficiency

Figures and Tables

Page 3: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 1.13: Possible shares

x

y

Page 4: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 1.13: Faster rate of decline

x

y

Page 5: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 2Equilibrium and Efficiency

Figures and Tables

Page 6: Solutions Manual Figures and Tables. Chapter 1 Equilibrium 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

Page 7: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.7: Edgeworth box and equilibria

3

3

111

1

212

2

122

221

Page 8: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.7: Non-square Edgeworth box

5

3

1

2

Page 9: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.8: Indifference curves

1

2

1I

2I

Page 10: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.8: Improving welfare

1

2

e

Page 11: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.8: Equilibrium budget constraint

1

2

e

Page 12: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.11: Excess demand

1p

1Z

5.0

75.0

Page 13: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.12: Profit

2p2/12 p

Page 14: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.13: Representation of fixed costs

Input

Output

F

Page 15: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.15: Possibility of non-production

Labor

Output

Productionfrontier

Indifferencecurve

Page 16: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.20: Indifference curves

Good 1

Good 2

Page 17: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.20: Every allocation is Pareto-efficient

1

2

Page 18: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.20: Efficient allocations on the boundary

1

2

Pareto efficient

Page 19: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.21: Pareto-efficient allocations

1

2

Page 20: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.12: Equilibrium

1

2

e

Page 21: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.22: Preferences of consumer 2

Good 1

Good 2

Page 22: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.22: Pareto-efficient allocations

1

2

a

b

c

d

Page 23: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.23: Pareto-efficient allocations

Pareto-efficientallocations

Page 24: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.23: Pareto-efficient allocations

Pareto-efficientallocations

Page 25: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Exercise 2.25: A Pareto-efficient allocation that cannot be

decentralized

a b

Page 26: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 3Public Sector Statistics

Figures

Page 27: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables
Page 28: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 5Public Goods

Figures and Tables

Page 29: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 6Club Goods and Local Public

GoodsFigures

Page 30: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 7Externalities

Figures

Page 31: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 8Imperfect Competition

Figures and Tables

Page 32: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 9Asymmetric Information

Figures and Tables

Page 33: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 10Political Economy

Figures and Tables

Page 34: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 11Rent-Seeking

Figures

Page 35: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 12Optimality and Comparability

Figures and Tables

Page 36: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 13Inequality and Poverty

Figures and Tables

Page 37: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 14Commodity Taxation

Figures and Tables

Page 38: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 15Income Taxation

Figures and Tables

Page 39: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 16Tax Evasion

Figures and Tables

Page 40: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 17Fiscal Federalism

Figures and Tables

Page 41: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 18Fiscal Competition

Figures and Tables

Page 42: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 19Intertemporal Efficiency

Figures and Tables

Page 43: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 20Social Security

Figures and Tables

Page 44: Solutions Manual Figures and Tables. Chapter 1 Equilibrium and Efficiency Figures and Tables

Chapter 21Economic Growth

Figures and Tables