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Essentials of Microeconomics

Essentials of Microeconomics is an excellent introduction to


microeconomics. It presents the basic tools of microeconomics
clearly and concisely. It presents a vigorous treatment of all relevant
introductory microeconomic concepts, and emphasises modern
economics – game theory and imperfect markets. Each chapter is
self-contained and includes the required key mathematical skills at
the start.
Now in its second edition, this updated textbook includes:

Expanded lecturer resources, including detailed lecture slides,


sample exam questions and updated test bank multiple choice
questions
An additional section on Economics in Practice, focused on
policy, econometrics and behavioural economics

This book is ideal not only for introductory microeconomics courses,


but its level of analysis also makes the book appropriate for
introductory level economics taught at postgraduate level. With the
emphasis on strategy, this text is also well suited for use in business
economics courses.

Bonnie Nguyen is an Honours graduate from the University of


Sydney in both Law and Economics. Bonnie’s research interests
include an economic analysis of litigation and the internal
organisation and ownership structure of firms. She has published
research in the Journal of Institutional and Theoretical Economics
and the Australian Economic Review. Bonnie has previously taught
microeconomics at the University of Sydney.

Andrew Wait is a Professor in the School of Economics at the


University of Sydney. He has a PhD from the Australian National
University and a Bachelor of Economics (Honours) from the
University of Adelaide. Andrew’s research interests include industrial
organisation and organisational economics. Andrew has published in
the RAND Journal of Economics, the International Journal of
Industrial Organization and the Journal of Law, Economics and
Organization. He is the co-convenor of the Annual Organizational
Economics Workshop.
“One of the standout features of this textbook is its clear and
concise writing style, which effectively conveys complex
economic principles in an accessible manner. The authors have
succeeded in presenting the material in a way that is engaging
and easy to understand for students with varying levels of prior
knowledge.”
Kadir Atalay, Associate Professor, University of Sydney

“Without the clutter that sometimes chocks introductory texts,


this book allows students to focus on the core intuition and
analytical tools. This book presents the essentials of
microeconomics. It provides an excellent platform for further
study in economics. This textbook will stand the test of time. I
recommend it to instructors teaching any principles or
introductory microeconomics course.”
Alexander Matros, Professor of Economics, Moore School of
Business, University of South Carolina

“Good economic analysis requires understanding of how to


apply models to the world. This book strikes the right balance
between technique and economic relevance. The authors lead
students through just enough analytical tools to be able to
understand and then apply economic models to real economic
problems. By focusing on the essentials this book makes
economics accessible to students from all backgrounds. Its
strength lies in the brevity and clarity of its exposition. At no
point is there anything extraneous, yet all is covered.”
Guillaume Roger, Associate Professor (Research), Monash
University

“The second edition improves on what was already an


outstanding introductory micro-economics textbook. A particular
strength of the book is how the presentation of the material
highlights the power of economic models for helping us
understand the world around us. The new chapters on policy
and applications show students how to apply what they have
learnt. There is nothing extraneous in this book. A mastery of
this content will provide students with almost all of the
microeconomics tools of analysis they will need for the rest of
their academic and professional careers. I recommend this for
any introductory microeconomics or business economics
course.”
Kieron Meagher, Professor, Australian National University

“Economic thought is vital to understanding individuals and their


interaction within societies. This textbook provides a set of tools
for students to understand markets and analyze the decisions
made by consumers, businesses and governments. The
exposition is concise and precise, presenting fundamental
techniques and insights in a way that is accessible to students
new to the discipline, giving a good balance of mathematical
rigour and verbal explanation. I used the first edition to great
success and will use this new edition too. I highly recommend
it.”
Jonathan Newton, Professor, Kyoto University, Japan
Essentials of Microeconomics

Second Edition

Bonnie Nguyen and Andrew Wait


Designed cover image: © Getty Images
Second edition published 2024
by Routledge
4 Park Square, Milton Park, Abingdon, Oxon, OX14 4RN
and by Routledge
605 Third Avenue, New York, NY 10158
Routledge is an imprint of the Taylor & Francis Group, an informa
business
© 2024 Bonnie Nguyen and Andrew Wait
The right of Bonnie Nguyen and Andrew Wait to be identified as
authors of this work has been asserted in accordance with sections
77 and 78 of the Copyright, Designs and Patents Act 1988.
All rights reserved. No part of this book may be reprinted or
reproduced or utilised in any form or by any electronic, mechanical,
or other means, now known or hereafter invented, including
photocopying and recording, or in any information storage or
retrieval system, without permission in writing from the publishers.
Trademark notice: Product or corporate names may be trademarks
or registered trademarks, and are used only for identification and
explanation without intent to infringe.
First edition published by Routledge 2016
British Library Cataloguing-in-Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging-in-Publication Data
Names: Nguyen, Bonnie, author. | Wait, Andrew, author.
Title: Essentials of microeconomics / Bonnie Nguyen and Andrew
Wait.
Description: Second edition. | Abingdon, Oxon; New York, NY :
Routledge, 2024. |
Includes bibliographical references and index. | Identifiers: LCCN
2023034859 (print) |
LCCN 2023034860 (ebook) | ISBN 9781032453675 (hardback) |
ISBN 9781032453668 (paperback) | ISBN 9781003376644 (ebook) |
ISBN 9781032647289 (ebook other) | Subjects: LCSH:
Microeconomics.
Classification: LCC HB172 .N446 2024 (print) | LCC HB172 (ebook) |
DDC 338.5–dc23/eng/20230727
LC record available at https://lccn.loc.gov/2023034859
LC ebook record available at https://lccn.loc.gov/2023034860
ISBN: 9781032453675 (hbk)
ISBN: 9781032453668 (pbk)
ISBN: 9781003376644 (ebk)
ISBN: 9781032647289 (ebk+)
DOI: 10.4324/9781003376644
Typeset in Times New Roman and Helvetica
by Newgen Publishing UK
Access the Support Material: www.routledge.com/9781032453668
Contents

List of illustrations

PART I Key concepts and tools

1 Key economic concepts


1.1 Introduction
1.2 Scarcity and opportunity cost
1.3 Marginal analysis
1.4 Ceteris paribus
1.5 Correlation and causation
1.6 Concluding comments

2 Key mathematical tools


2.1 Introduction
2.2 Equations
2.3 Differentiation
2.4 Elasticity
2.5 Simultaneous equations
2.6 Concluding comments

3 Key strategic tools


3.1 Introduction
3.2 The essentials of game theory
3.3 Simultaneous-move games
3.4 Some types of simultaneous-move games
3.5 Sequential games
3.6 Concluding comments

Part II Gains from trade

4 Trade and the PPF


4.1 Introduction
4.2 Gains from exchange
4.3 Gains from specialisation
4.4 Concluding comments

5 Bargaining
5.1 Introduction
5.2 Bargaining and surplus
5.3 Take-it-or-leave-it negotiations
5.4 Multiple-offer bargaining
5.5 Some caveats
5.6 Concluding comments

Part III Market fundamentals

6 Demand
6.1 Introduction
6.2 Benefit and willingness to pay
6.3 Individual demand
6.4 Market demand
6.5 Concluding comments

7 Production and costs


7.1 Introduction
7.2 The short run and long run
7.3 Production
7.4 Short-run costs
7.5 Long-run costs
7.6 Total revenue, total cost and economic profit
7.7 Concluding comments

8 Supply
8.1 Introduction
8.2 Firm supply
8.3 Market supply
8.4 Concluding comments

9 Equilibrium and welfare


9.1 Introduction
9.2 Market equilibrium
9.3 Comparative static analysis
9.4 Welfare
9.5 Pareto efficiency
9.6 Concluding comments

1 Elasticity
0 10.1 Introduction
10.2 Measuring elasticity
10.3 Applications
10.4 Concluding comments

Part IV Types of markets

1 Introduction to markets
1 11.1 Introduction to the four types of markets

1 Perfect competition
2 12.1 Introduction
12.2 Characteristics of perfect competition
12.3 Supply in the short run
12.4 Supply in the long run
12.5 Market supply in the long run
12.6 Concluding comments

1 Monopoly
3 13.1 Introduction
13.2 Characteristics of a monopoly
13.3 The single-price monopolist
13.4 Welfare under the single-price monopolist
13.5 Price discrimination
13.6 Natural monopoly
13.7 Regulating a natural monopoly
13.8 Concluding comments
1 Monopolistic competition
4 14.1 Introduction
14.2 Characteristics of monopolistic competition
14.3 The short run
14.4 The long run
14.5 Welfare under monopolistic competition
14.6 Concluding comments

1 Oligopoly
5 15.1 Introduction
15.2 Characteristics of an oligopoly
15.3 Simultaneous-move games
15.4 Product choice: an application of a coordination game
15.5 Sequential games
15.6 Concluding comments

Part V Market failures

Price regulation, taxes and subsidies


1 16.1 Introduction
6 16.2 Price regulation
16.3 Taxes and subsidies
16.4 Concluding comments

1 Externalities
7 17.1 Introduction
17.2 External costs and benefits
17.3 The problem with externalities
17.4 Solutions to externalities
17.5 Government solutions to externalities
17.6 Concluding comments

1 Public goods and common resources


8 18.1 Introduction
18.2 Public goods
18.3 Common resources and the Tragedy of the Commons
18.4 Concluding comments

Part VI International trade

1 International trade
9 19.1 Introduction
19.2 The welfare effects of international trade
19.3 Barriers to trade
19.4 Arguments against free trade
19.5 Concluding comments

Part VII Economics in practice

2 Some other markets


0 20.1 Introduction
20.2 The housing market
20.3 The labour market
20.4 The capital market
20.5 Concluding comments

2 Economic policy
1 21.1 Introduction
21.2 Economic policy in practice: some examples
21.3 The Theory of Second Best
21.4 The policy cycle
21.5 Concluding comments
2 Economics and evidence
2 22.1 Introduction
22.2 Econometrics and statistics
22.3 Experimental economics
22.4 Behavioural economics
22.5 Concluding comments

Part VIII Review

2 Questions & answers


3
ndex
Illustrations

Figures
3.1 The normal form of a game
3.2 A game with a dominant strategy equilibrium
3.3 A game with two Nash equilibria
3.4 The prisoner’s dilemma
3.5 The coordination game
3.6 Battle of the sexes
3.7 Stag hunt
3.8 Extensive form of a game
3.9 The normal form of the game depicted in Figure 3.8
3.10 Extensive form of a game in which Jay and Daisy organise a
date
4.1 The production possibility frontier (PPF) traces out combinations
of the quantity of two goods ( and ) that can be produced if all
resources are used
4.2 A production possibility frontier for goods and . If there is a
shock that boosts the production of both goods, the PPF will
shift outwards from origin along both axes
4.3 A production possibility frontier for goods and . If there is a
shock that boosts the production of only, the PPF will shift
outwards from origin along the -axis only
4.4 A production possibility frontier for goods and . A one-unit
increase in the production of is less costly when the output of is
low (e.g. from to ) than when the output of is high (e.g. from to
)
4.5 Michelle and Rodney’s PPFs. When Michelle and Rodney cannot
trade, their consumption points are given by the point A. When
Michelle and Rodney can trade with each other, their
consumption points are given by the point B. Note that point B
lies outside each person’s individual PPF
5.1 Negotiation in which makes a single offer of
5.2 Negotiation in which makes a single offer of
5.3 Negotiation in which makes an offer of and makes a counter-
offer of
6.1 A typical marginal benefit curve
6.2 An individual consumer’s demand curve is given by his or her
marginal benefit curve. A movement along the demand curve is
known as a ‘change in the quantity demanded’
6.3 A movement of the demand curve itself is called a ‘change in
demand’
6.4 The market demand curve () can be derived by summing
horizontally the individual demand curves ( and ). In the first
graph, both individual demand curves have the same -intercept.
If this is the case, then for every price , the quantity demanded
by the market will be the sum of individual consumer demand
(that is, ). In the second graph, the individual demand curves
have different -intercepts. Above the price , the quantity
demanded by individual 2 will be zero; therefore, in this range,
the market demand curve follows the individual demand curve
for consumer 1. Below the price , the quantity demanded by
both consumers is positive; in this range, the quantity
demanded by the market will be the sum of individual
consumer demand (that is, )
7.1 A typical short-run production function, where represents the
amount of labour employed and represents the level of output
they arise, be it businesses understanding the markets they compete
in, governments trying to develop social policy, or families trying to
manage their households. These tools are not meant to capture
everything that is occurring in any given situation. Rather, they are
designed to simplify (or to model) complicated and potentially messy
real-world issues into a tractable form that can provide valuable
insights.
Given that resources are limited, the key questions that an
economy needs to ‘decide’ are:(a) what to produce; (b) how to
produce it; and (c) who should get what is made. In modern
economies, the answers to these questions are largely determined
by the market – that is, through the interaction of sellers and
buyers.1 Sometimes, however, the government also helps determine
the answer to these questions by regulating or intervening in the
market. Consequently, our focus in this microeconomics text will be
on the behaviour of individuals (consumers, firms and governments)
and their interaction in markets.
This chapter provides a few key concepts that underpin the
analysis in the rest of the book, as well as economics analysis in
general.

1.2 Scarcity and opportunity cost


As noted above, it is usually the case that resources are limited, so
not all wants can be met. We call this situation scarcity.
Scarcity also means that consumers, firms and governments face
tradeoffs; by choosing one thing, a person must give up or miss out
on something else. For example, if a consumer uses their money to
buy product , they cannot then use that same money to buy another
product.2 We use the concept of opportunity cost to capture this
tradeoff; the opportunity cost of any choice is the value of the
next best forgone alternative. In the example above, if the consumer
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Patrol procedures, 1 — violent crimes. A production of Woroner
Films. 25 min., sd., color, 16 mm. (Officer training) Prev. reg.
21Jun71, MU8356. © Woroner Films, Inc.; 27Jan73; MP24933.

MP24934.
Square pegs — round holes. FilmFair Communications. 8 min.,
sd., color, 16 mm. © FilmFair, Inc.; 30Jan74; MP24934.

MP24935.
The Lonesome train. FilmFair Communications. 21 min., sd.,
color, 16 mm. © FilmFair, Inc.; 31Dec73; MP24935.

MP24936.
Jury and juror: function and responsibility. FilmFair
Communications. 26 min., sd., color, 16 mm. © FilmFair, Inc.;
22Jan74; MP24936.

MP24937.
1974 cars: low speed crash costs. 21 min., sd., color, 16 mm. ©
Insurance Institute for Highway Safety; 28Jan74 (in notice: 1975);
MP24957.
MP24958.
Challenge in the air. Portafilms. 29 min., sd., color, 16 mm. ©
Consumers Power Company; 20Dec73; MP24938.

MP24939.
Big dig. A Portafilms production. 13 min., sd., color, 16 mm. ©
Consumers Power Company; 20Dec73; MP24939.

MP24940.
Operating systems concepts. 11 min., sd., color, 16 mm. (OS
overview) © Edutronics Systems International, Inc.; 1Oct72 (in
notice: 1971); MP24940.

MP24941.
Program design and task management. 17 min., sd., color, 16 mm.
(OS overview) © Edutronics Systems International, Inc.; 1Oct72 (in
notice: 1971); MP24941.

MP24942.
Operating systems features. 12 min., sd., color, 16 mm. (OS
360/370 overview) © Edutronics Systems International, Inc.; 1Oct72
(in notice: 1971); MP24942.

MP24943.
Data management facilities: OS 360/370 I/O support and
processing. 20 min., sd., color, 16 mm. (OS 360/370 overview) ©
Edutronics Systems International, Inc.; 1Oct72 (in notice: 1971);
MP24943.

MP24944.
Job management. 17 min., sd., color, 16 mm. (OS 360/370
overview) © Edutronics Systems International, Inc.; 1Oct72 (in
notice: 1971); MP24944.

MP24945.
Data management facilities: O S 360/370 space allocation and
cataloging. 12 min., sd., color, 16 mm. (OS 360/370 overview) ©
Edutronics Systems International, Inc.; 1Oct72 (in notice: 1971);
MP24945.

MP24946.
The I B M 2311 disk storage drive. 10 min., sd., color, 16 mm. (I/O
device operations) © Edutronics Systems International, Inc.; 1Dec72
(in notice: 1971); MP24946.

MP24947.
The I B M 1O52 printer keyboard. 12 min., sd., color, 16 mm. (I/O
device operations) © Edutronics Systems International, Inc.; 1Dec72
(in notice: 1971); MP24947.

MP24948.
The I B M 1403 printer. 14 min., sd., color. 16 mm. (I/O device
operations) © Edutronics Systems International, Inc.; 1Dec72 (in
notice: 1971); MP24948.

MP24949.
The I B M 2501 card reader. 12 min., sd., color, 16 mm. (I/O device
operations) © Edutronics Systems International, Inc.; 1Dec72 (in
notice: 1971); MP24949.

MP24950.
The I B M 2400 magnetic tape units. 15 min., sd., color, 16 mm.
(I/O device operations) © Edutronics Systems International, Inc.;
1Dec72 (in notice: 1971); MP24950.
MP24951.
The I B M 2540 card read punch. 19 min., sd., color, 16 mm. (I/O
device operations) © Edutronics Systems International, Inc.; 1Dec72
(in notice: 1971); MP24951.

MP24952.
Applications. Produced in cooperation with Eastern. 9 min., sd.,
color, 16 mm. (Data communications) © Edutronics Systems
International, Inc.; 1Oct72; MP24952.

MP24953.
Basic telecommunications access method. Produced in
cooperation with Eastern. 11 min., sd., color, 16 mm. (Data
communications) © Edutronics Systems International, Inc.; 1Mar73;
MP24953.

MP24954.
Programming concepts. Produced in cooperation with Eastern. 10
min., sd., color, 16 mm. (Data communications) © Edutronics
Systems International, Inc.; 1Mar73; MP24954.

MP24955.
Hardware. Produced in cooperation with Eastern. 11 min., sd.,
color, 16 mm. (Data communications) © Edutronics Systems
International, Inc.; 1Mar73; MP24955.

MP24956.
Operational considerations. Produced in cooperation with Eastern.
11 min., sd., color, 16 mm. (Data communications) © Edutronics
Systems International, Inc.; 1Mar73; MP24956.

MP24957.
Network design. Produced in cooperation with Eastern. 11 min.,
sd., color, 16 mm. (Data communications) © Edutronics Systems
International, Inc.; 1Mar73; MP24957.

MP24958.
Telecommunications access method. Produced in cooperation with
Eastern. 10 min., sd., color, 16 mm. (Data communications) ©
Edutronics Systems International, Inc.; 1Mar73; MP24958.

MP24959.
MFT lecture 6. 16 min., sd., b&w, 16 mm. (S/360 operating system
core dumps) Appl. au.: Consultants Associated, Inc. © Edutronics
Systems International, Inc.; 1Jul72 (in notice: 1971); MP24959.

MF24960.
MFT lecture 9. 17 min., sd., b&w, 16 mm. (S/360 operating system
core dumps) Appl. au.: Consultants Associated, Inc. © Edutronics
Systems International, Inc.; 1Jul72 (in notice: 1971); MP24960.

MP24961.
MFT lecture 8. 18 min., sd., b&w, 16 mm. (S/360 operating system
core dumps) Appl. au.: Consultants Associated, Inc. © Edutronics
Systems International, Inc.; 1Jul72 (in notice: 1971); MP24961.

MP24962.
MFT / M V T lecture 1. 17 min., sd., b&w, 16 mm. (S/360 operating
system core dumps) Appl. au.: Consultants Associated, Inc. ©
Edutronics Systems International, Inc.; 1Jul72 (in notice: 1971);
MP24962.

MP24963.
MFT lecture 5. 21 min., sd., b&w, 16 mm. (S/360 operating system
core dumps) Appl. au.: Consultants Associated, Inc. © Edutronics
Systems International, Inc.; 1Jul72 (in notice: 1971); MP24963.

MP24964.
MFT lecture 2. 17 min., sd., b&w, 16 mm. (S/360 operating system
core dumps) Appl. au.: Consultants Associated, Inc. © Edutronics
Systems International, Inc.; 1Jul72 (in notice: 1971); MP24964.

MP24965.
MFT lecture 3. 15 min., sd., b&w, 16 mm. (S/360 operating system
core dumps) Appl. au.: Consultants Associated, Inc. © Edutronics
Systems International, Inc.; 1Jul72 (in notice: 1971); MP24965.

MP24966.
MFT / MVT lecture 7. 20 min., sd., b&w, 16 mm. (S/360 operating
system core dumps) Appl. au.: Consultants Associated, Inc. ©
Edutronics Systems International, Inc.; 1Jul72 (in notice: 1971);
MP24966.

MP24967.
MFT lecture 4. 14 min., sd., b&w, 16 mm. (S/360 operating system
core dumps) Appl. au.: Consultants Associated, Inc. © Edutronics
Systems International, Inc.; 1Jul72 (in notice: 1971); MP24967.

MP24968.
Law: a system of order. McGraw Hill Films. Produced in
collaboration with Telemated Motion Pictures. 18 min., sd., color, 16
mm. (The Humanities series) Appl. au.: McGraw Hill Book
Company. © McGraw Hill, Inc.; 28Jun72 (in notice: 1971);
MP24968.

MP24969.
Flowering and fruiting of papaya (Carica papaya) Film Production
Unit, Iowa State University. Produced in cooperation with Escuela
Agricola Panamericana & Organization for Tropical Studies. 3 min.,
si., color, 16 mm. (Tropical botany film series) © Iowa State
University a. a. d. o. Iowa State University of Science and
Technology; 18Jan73; MP24969.

MP24970.
Growth and fruiting of banana (Musa sapientum) Film Production
Unit, Iowa State University. Produced in cooperation with Escuela
Agricola Panamericana, Instituto Interamericana de Ciencias
Agricolas & Organization for Tropical Studies. 5 min., si., color, 16
mm. (Tropical botany film series) © Iowa State University a. a. d. o.
Iowa State University of Science and Technology; 18Jun73;
MP24970.

MP24971.
Fruiting of cacao (Theobroma cacao) Film Production Unit, Iowa
State University. Produced in cooperation with Instituto
Interamericana de Ciencias Agricolas & Organization for Tropical
Studies. 2 min., si., color. 16 mm. (Tropical botany film series) ©
Iowa State University a. a. d. o. Iowa State University of Science and
Technology; 18Jun73; MP24971.

MP24972.
Growth and fruiting of African oil palm (Elaeis guineensis) Film
Production Unit, Iowa State University. Produced in cooperation
with United Fruit Company, Instituto Interamericana de Ciencias
Agricolas & Organization for Tropical Studies. 3 min., si., color, 16
mm. (Tropical botany film series) © Iowa State University a. a. d. o.
Iowa State University of Science and Technology; 18Jun73;
MP24972.

MP24973.
Growth and fruiting of pineapple (Ananas comosus) Film
Production Unit, Iowa State University. Produced in cooperation
with Escuela Agricola Panamericana & Organization for Tropical
Studies. 3 min., si., color, 16 mm. (Tropical botany film series) ©
Iowa State University a. a. d. o. Iowa State University of Science and
Technology; 18Jun73; MP24973.

MP24974.
Fruiting of coffee (Coffea arabica) Film Production Unit, Iowa
State University. Produced in cooperation with Instituto
Interamericana de Ciencias Agricolas & Organization for Tropical
Studies. 3 min., si., color, 16 mm. (Tropical botany film series) ©
Iowa State University a. a. d. o. Iowa State University of Science and
Technology; 18Jun73; MP24974.

MP24975.
Carbon dioxide: Preparation. 4 min., si., color, Super 8 mm. in
cartridge. Appl. au.: Doubleday Multimedia, division of Doubleday
and Company, Inc. © Doubleday and Company, Inc.; 7Nov72;
MP24975.

MP24976.
Plantations of Louisiana. Michael G. Zaiontz. 10 min., sd., color, 35
mm., Techniscope. Appl. au.: Michael G. Zaiontz. © Michael G.
Zaiontz; 6Feb74; MP24976.

MP24977.
Sponge cleaning rev. 2. 30 sec., sd., color, 16 mm. Appl. au.:
William Esty Company, Inc. © Colgate Palmolive Company;
25Oct73; MP24977.

MP24978.
Sponge cleaning emphasis. 30 sec., sd., color, 16 mm. Appl. au.:
William Esty Company, Inc. © Colgate Palmolive Company;
15Sep73; MP24978.
MP24979.
Eggs. 30 sec., sd., color, 16 mm. Appl. au.: William Esty Company,
Inc. © Colgate Palmolive Company; 3Dec73; MP24979.

MP24980.
Rich man / poor man. 30 sec., sd., color, 16 mm. Appl. au.:
William Esty Company, Inc. © Colgate Palmolive Company;
21Nov73; MP24980.

MP24981.
Laundry mountain. 30 sec., sd., color, 16 mm. Appl. au.: William
Esty Company, Inc. © Colgate Palmolive Company; 15Oct73;
MP24981.

MP24982.
Go Cub Scouting. Boy Scouts of America. 20 min., sd., color, 16
mm. © Boy Scouts of America; 5Jun73; MP24982.

MP24983.
Day care today. A Polymorph film. 27 min., sd., color, 16 mm. ©
Polymorph Films, Inc.; 7Feb73; MP24983.

MP24984.
Lives and lifestyles. A Polymorph film. 11 min., sd., color, 16 mm.
© Polymorph Films, Inc.; 22Oct73; MP24984.

MP24985.
Together sweetly. A Polymorph film. 15 min., sd., color, 16 mm. ©
Polymorph Films, Inc.; 22Oct73; MP24985.

MP24986.
Childbirth. A Polymorph film. 17 min., sd., color, 16 mm. ©
Polymorph a. a. d. o. Polymorph Films, Inc.; 1Feb73 (in notice:
1972); MP24986.

MP24987.
Memory of the park. 10 min., sd., color, 16 mm. Appl. au.: Robert
F. Crawford. © Robert F. Crawford (in notice: Bob Crawford);
15Feb72; MP24987.

MP24988.
Food labeling: Understanding what you eat. 11 min., sd., color, 16
mm. Appl. au.: Gilbert Altschul. © Gilbert Altschul Productions,
Inc.; 5Dec73; MP24988.

MP24989.
Windjam. 28 min., sd., color, 16 mm. Appl. au.: Elvira C. McKean
& Dennis Shelby, partners, Icarus Productions. © Icarus
Productions; 15Oct73; MP24989.

MP24990.
The New 2050A and 1850 loaders. 6 min., sd., color, Super 8 mm.
in cartridge. © International Harvester Company; 7May73;
MP24990.

MP24991.
The New 66 series tractors. 8 min., sd., color, Super 8 mm. in
cartridge. © International Harvester Company; 7May73; MP24991.

MP24992.
Garner Ted Armstrong. Program 535. Ambassador College. 29
min., sd., videotape (3/4 inch) in cassette. © Ambassador College;
8Jan74 (in notice: 1973); MP24992.
MP24993.
Garner Ted Armstrong. Program 524. Ambassador College. 29
min., sd., videotape (1/2 inch) in cassette. © Ambassador College;
11Dec73; MP24993.

MP24994.
Garner Ted Armstrong. Program 494. Ambassador College. 29
min., sd., color, videotape (1/2 inch) in cassette. © Ambassador
College; 4Oct73; MP24994.

MP24995.
Garner Ted Armstrong. Program 542. Ambassador College. 29
min., sd., videotape (1/2 inch) in cassette. © Ambassador College;
21Jan74; MP24995.

MP24996.
Garner Ted Armstrong. Program 543. Ambassador College. 29
min., sd., videotape (1/2 inch) in cassette. © Ambassador College;
22Jan74; MP24996.

MP24997.
Garner Ted Armstrong. Program 539. Ambassador College. 29
min., sd., color, videotape (1/2 inch) © Ambassador College;
15Jan74; MP24997.

MP24998.
Garner Ted Armstrong. Program 442. Ambassador College. 29
min., sd., color, videotape (1/2 inch) © Ambassador College;
30Apr73; MP24998.

MP24999.

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