Microeconomic Theory: Basic Principles and Extensions
Chapter 5
Income and Substitution Effects
503 questions · 9 paragraphs
What's in the chapter?
5.1
Demand Functions
51 questions
Practice
5.2
Changes in Income
71 questions
Practice
5.3
Changes in a Good’s Price
124 questions
Practice
5.4
The Individual’s Demand Curve
15 questions
Practice
5.5
Compensated (Hicksian) Demand Curves and Functions
21 questions
Practice
5.6
A Mathematical Development of Response to Price Changes
3 questions
Practice
5.7
Demand Elasticities
166 questions
Practice
5.8
Consumer Surplus
49 questions
Practice
5.9
Revealed Preference and the Substitution Effect
3 questions
Practice