Professional Documents
Culture Documents
Session 2 & 3:
1. Bad weather and high demand send wheat prices soaring_Salvatore 2009_ Micro_example
1.1_page 9.
3. Higher alcohol prices would sharply reduce youth alcohol use and traffic deaths_
Salvatore_2009 5th ed _micro_Ex. 4-2, p.88-89.
Session 4:
1. Price elasticity for clothing increases with time_example 5-2, Salvatore 2009, Micro, P.124-125.
2. European cars are luxuries, flour is an inferior good_example 5.3, Salvatore, Micro, P.127-128.
4. Margarine and butter are substitutes, entertainment and food are complements_ example 5.4,
Salvatore 2009, Micro, P.129-130.
5. The Market Demand for Tests_Petersen and Lewis (2001-4th edition)_Managerial Eco, p. 76-77.
6. How much tuition for college students_Petersen and Lewis (2001- 4th edition)Managerial Eco, p.
90.
7. Engels’s Law and the Plight of the Farmer_Petersen and Lewis (2001)_Manag Eco_P. 92-93.
Session 5 & 6:
Session 7:
Session 8 & 9:
Session 10:
2. Output elasticity of labour and capital and returns to scale in US and Canadian
manufacturing_Salvatore_micro_2009 fifth edition_p. 208-209.
2. Long run Average cost curve in Electricity Generation, Salvatore (2009)_micro_p. 227-228.
3. The minimum efficient scale in various US food industries_ Salvatore (2009)_micro_p. 229-230.
4. Learning curve for the Lockheed L-1011 aircraft and for semiconductors_ Salvatore
(2009)_micro_p. 233-234.
5. Minimising costs internationally- the new economies of scale_ Salvatore (2009)_micro_p. 234-
236.
8. The Shape of the Long-run Average Cost Curves in Various Industries, Salvatore (2003), p. 248-
249.
Session 13 & 14
5. Texas Instruments’ exit from home computer market_Petersen & Lewis (1999)_Mang
Eco_P.318-319.
6. Credit cards and perfect competition_ Petersen & Lewis (1999)_Mang Eco_P.313
7. Credit cards, perfect completion, and high interest rates_Petersen & Lewis (1999)_Mang
Eco_P.324.
3. Monopoly profits in the New York city taxi industry_Salvatore (2009)_micro_p. 300-301.
4. Estimate of the social cost of monopoly in the US_industry_ Salvatore (2009)_micro_p. 303.
1. Advertisers are taking on competitors by name … and are being sued_Salvatore 2009, P. 329.