Dominick Salvatore Schaums Outline of Microeconomics, 4th edition Schaums Outline Series 2006

356 INDEX
Time preference 106
Total costs 146, 154, 156–157p, 160p, 168p
Total fixed costs 146, 154, 156–157p
Total product 118, 127–134p
Total revenue 185, 198p, 212–215, 221–226p
Total utility 62, 71, 73–76p
Total variable costs 146, 154, 156–159p
Transfer pricing 264–265, 270p
Transformation curve 314–315, 320, 324–325p
Transitivity 103, 108
Unstable equilibrium 19, 20, 32–34p
Utility-possibility curve 316–317, 320, 329–330p
Utility theory 62–63, 73–76p
Value of marginal product 288, 290, 291p
Variable costs 146–147
Variable inputs 118–121, 130–139p
Very short-run 195, 196–198p, 209p
Wage differences 309p
Welfare economics:
constrained bliss 332p
defined 316, 320, 379p
and externalities 318, 319, 332p
and general equilibrium 312, 315, 320,
327–329p
grand utility-possibility curve 317, 320, 350p
maximum social welfare 316, 320, 332p
Pareto optimum, 316, 320, 327–331p
and perfect competition 318, 332p
second best, theory of 333p
social welfare function 317, 320, 331p
utility-possibility curve 316–317, 320, 330p
X-inefficiency (efficiency) 152, 154, 176p
Zero-sum game 272, 276–278
Zone of ignorance 104, 108, 111p