, Instructor’s Manual
Intermediate Microeconomics
Ninth Edition
Instructor’s Manual
by
Hal R. Varian
Answers to Workouts
by
Hal R. Varian and Theodore C. Bergstrom
W. W. Norton & Company • New York • London
,Copyright
c 2014, 2010, 2002, 1999, 1996, 1993, 1990, 1988 by W. W. Norton & Company
All rights reserved
Printed in the United States of America
Typeset in TEX by Hal R. Varian
NINTH EDITION
ISBN 978-0-393-93676-6
W. W. Norton & Company, Inc., 500 Fifth Avenue, New York, N.Y. 10110
W. W. Norton & Company, Ltd., Castle House, 75/76 Wells Street, London W1T 3QT
www.wwnorton.com
1234567890
, CONTENTS
Part I Chapter Highlights
1. The Market 1
2. Budget Constraint 4
3. Preferences 7
4. Utility 10
5. Choice 13
6. Demand 16
7. Revealed Preference 18
8. Slutsky Equation 21
9. Buying and Selling 23
10. Intertemporal Choice 26
11. Asset Markets 29
12. Uncertainty 31
13. Risky Assets 33
14. Consumer’s Surplus 35
15. Market Demand 37
16. Equilibrium 39
17. Measurement 42
18. Auctions 44
19. Technology 46
20. Profit Maximization 48
21. Cost Minimization 50
22. Cost Curves 52
23. Firm Supply 54
24. Industry Supply 56
25. Monopoly 59
26. Monopoly Behavior 61
27. Factor Markets 63
28. Oligopoly 65
29. Game Theory 68
Intermediate Microeconomics
Ninth Edition
Instructor’s Manual
by
Hal R. Varian
Answers to Workouts
by
Hal R. Varian and Theodore C. Bergstrom
W. W. Norton & Company • New York • London
,Copyright
c 2014, 2010, 2002, 1999, 1996, 1993, 1990, 1988 by W. W. Norton & Company
All rights reserved
Printed in the United States of America
Typeset in TEX by Hal R. Varian
NINTH EDITION
ISBN 978-0-393-93676-6
W. W. Norton & Company, Inc., 500 Fifth Avenue, New York, N.Y. 10110
W. W. Norton & Company, Ltd., Castle House, 75/76 Wells Street, London W1T 3QT
www.wwnorton.com
1234567890
, CONTENTS
Part I Chapter Highlights
1. The Market 1
2. Budget Constraint 4
3. Preferences 7
4. Utility 10
5. Choice 13
6. Demand 16
7. Revealed Preference 18
8. Slutsky Equation 21
9. Buying and Selling 23
10. Intertemporal Choice 26
11. Asset Markets 29
12. Uncertainty 31
13. Risky Assets 33
14. Consumer’s Surplus 35
15. Market Demand 37
16. Equilibrium 39
17. Measurement 42
18. Auctions 44
19. Technology 46
20. Profit Maximization 48
21. Cost Minimization 50
22. Cost Curves 52
23. Firm Supply 54
24. Industry Supply 56
25. Monopoly 59
26. Monopoly Behavior 61
27. Factor Markets 63
28. Oligopoly 65
29. Game Theory 68
