, ThisWisWanWelectronicWversionWofWtheWprintWtextbook. WDueWtoWelectronicWrightsWrestric
tions,WsomeWthirdWpartyWcontentWmayWbeWsuppressed.WEditorialWreviewWhasWdeemedWthatW
anyWsuppressed
contentWdoesWnotWmateriallyWaffectWtheWoverallWlearningWexperience.WTheWpublisherWreservesW
theWrightWtoWremoveWcontentWfromWthisWtitleWatWanyWtimeWifWsubsequent WrightsWrestrictionsWr
equireWit.WForWvaluableWinformationWonWpricing,WpreviousWeditions,WchangesWtoWcurrentWeditio
ns,WandWalternateWformats,WpleaseWvisitWwww.cengage.com/higheredWtoWsearchWbyWISBN,Waut
hor,Wtitle,WorWkeywordWforWmaterialsWinWyourWareasWofWinterest.
Important Wnotice:WMediaWcontentWreferencedWwithinWtheWproductWdescriptionWorWtheW
productWtextWmayWnotWbeWavailableWinWtheWeBookWversion.
CopyrightW2017WCengageWLearning.WAllWRightsWReserved.W MayWnotWbeWcopied,Wscanned,WorW duplicated,WinWwholeWorWinWpart.W W
CNW02-200-203
,MICROECONOMIC THEORY
W
,
tions,WsomeWthirdWpartyWcontentWmayWbeWsuppressed.WEditorialWreviewWhasWdeemedWthatW
anyWsuppressed
contentWdoesWnotWmateriallyWaffectWtheWoverallWlearningWexperience.WTheWpublisherWreservesW
theWrightWtoWremoveWcontentWfromWthisWtitleWatWanyWtimeWifWsubsequent WrightsWrestrictionsWr
equireWit.WForWvaluableWinformationWonWpricing,WpreviousWeditions,WchangesWtoWcurrentWeditio
ns,WandWalternateWformats,WpleaseWvisitWwww.cengage.com/higheredWtoWsearchWbyWISBN,Waut
hor,Wtitle,WorWkeywordWforWmaterialsWinWyourWareasWofWinterest.
Important Wnotice:WMediaWcontentWreferencedWwithinWtheWproductWdescriptionWorWtheW
productWtextWmayWnotWbeWavailableWinWtheWeBookWversion.
CopyrightW2017WCengageWLearning.WAllWRightsWReserved.W MayWnotWbeWcopied,Wscanned,WorW duplicated,WinWwholeWorWinWpart.W W
CNW02-200-203
,MICROECONOMIC THEORY
W
,