TY - GEN AU - Perloff, Jeffrey M. TI - Microeconomics SN - 9789353068684 U1 - 338.5 PY - 2019/// CY - Uttar Pradesh PB - Pearson KW - Microeconomics KW - Industrial Organization KW - Elasticity of Supply N1 - Cover Half Title Page Title Page Copyright Page Brief Contents Contents Preface Chapter 1: Introduction 1.1 Microeconomics: The Allocation of Scarce Resources Trade-Offs Who Makes the Decisions Prices Determine Allocations APPLICATION Twinkie Tax 1.2 Models APPLICATION Income Threshold Model and China Simplifications by Assumption Testing Theories Maximizing Subject to Constraints Positive Versus Normative 1.3 Uses of Microeconomic Models Summary Chapter 2: Supply and Demand CHALLENGE Quantities and Prices of Genetically Modified Foods 2.1 Demand The Demand Curve ER -