Price Theory

Front Matter....Pages i-xvi
Preferences and Consumer Equilibrium....Pages 1-30
Demand Functions....Pages 31-69
Short-Run Sales Plan of the Firm: The Production Function....Pages 70-87
Short-Run Sales Plan of the Firm: Cost Functions and Equilibrium....Pages 88-108
Long-Run Sales Plan of the Firm: Production, Cost and Supply Functions....Pages 109-122
The Determination of Relative Product Prices....Pages 123-153
The Purchase Plan of the Firm....Pages 154-171
The Sales Plan of the Consumer: The Supply of Effort....Pages 172-187
The Sales Plan of the Consumer: Saving and Savings....Pages 188-215
The Determination of Relative Input Prices....Pages 216-245
The Determination of Relative Prices: General Equilibrium....Pages 246-258
Market Behaviour and Market Morphology....Pages 259-275
Monopoly....Pages 276-293
Monopolistic Competition....Pages 294-301
Monopsony and Monopsonistic Competition....Pages 302-306
Oligopoly....Pages 307-343
Bilateral Monopoly....Pages 344-353
Normative Price Theory....Pages 354-388
Back Matter....Pages 389-399