1. Figure 8.2 How a Competitive Firm Maximizes Profit
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2. Figure 8.3 The Short-Run Shutdown Decision
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3. Figure 8.4 How the Profit-Maximizing Quantity Varies with Price
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4. Figure 8.10 Long-Run Firm and Market Supply with Identical Vegetable Oil Firms
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5. Figure 9.1 Consumer Surplus
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6. Figure 9.3 Producer Surplus
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7. Figure 9.4 Why Reducing Output from the Competitive Level Lowers Welfare
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8. Figure 9.5 Why Increasing Output from the Competitive Level Lowers Welfare
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9. Figure 9.7 Welfare Effects of a Specific Tax on Roses
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10. Page 293 Solved Problem 9.5
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11. Figure 9.9 Loss from Eliminating Free Trade
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12. Figure 9.10 Effect of a Tariff (or Quota)
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13. Figure 11.1 Average and Marginal Revenue
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14. Figure 11.2 Elasticity of Demand and Total, Average, and Marginal Revenue
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15. Table 11.1 Quantity, Price, Marginal Revenue, and Elasticity for the Linear Inverse Demand Curve
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16. Figure 11.3 Maximizing Profit
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17. Figure 11.4 Effects of a Shift of the Demand Curve
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18. Table 11.2 Elasticity of Demand, Price, and Marginal Cost
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19. Page 357 Solved Problem 11.1
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20. Figure 11.5 Deadweight Loss of Monopoly
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21. Page 361 Solved Problem 11.2
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22. Figure 11.7 Natural Monopoly
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23. Application (Page 366) Electric Power Utilities
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24. Application (Page 369) Botox Patent Monopoly
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25. Figure 11.8 Optimal Price Regulation
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26. Figure 11.9 Regulating a Telephone Utility
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