February 2016
Beginner to intermediate
500 pages
33h 40m
English
All exercises are available on MyEconLab; * [&|eq|&] answer at the back of this book; C [&|eq|&] use of calculus may be necessary.
1.1 What types of firms would not normally maximize profit?
*1.2 Describe three important consequences of “going public” by selling shares in an initial public offering.
1.3 What types of firm organization allow owners of a firm to obtain the advantages of limited liability?
1.4 Has Chinese government control of industrial production declined significantly over the last several decades? Quantify your answer. (Hint: see the Mini-Case “Chinese State-Owned Enterprises.”)
2.1 A firm has three different production facilities, all of ...