Austan Goolsbee, Steven Levitt, Chad Syverson

Microeconomics
First Edition

Chapter 4
Consumer Behavior

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Figure 4.1 Building an Indifference Curve

Goolsbee, Levitt, Syverson: Microeconomics, First Edition
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Figure 4.2 A Consumers Indifference Curves

Goolsbee, Levitt, Syverson: Microeconomics, First Edition
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Figure 4.3 Indifference Curves Cannot Cross

Goolsbee, Levitt, Syverson: Microeconomics, First Edition
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Figure 4.4 Tradeoffs Along an Indifference Curve

Goolsbee, Levitt, Syverson: Microeconomics, First Edition
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Figure 4.5 The Slope of an Indifference Curve Is the Marginal Rate of Substitution
Goolsbee, Levitt, Syverson: Microeconomics, First Edition
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Figure 4.6 The Steepness of Indifference Curves

Goolsbee, Levitt, Syverson: Microeconomics, First Edition
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Figure 4.7 New Yorkers Preferences for Local and Regional Phone Calls, 19992003
Goolsbee, Levitt, Syverson: Microeconomics, First Edition
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Figure 4.8 The Curvature of Indifference Curves

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Figure 4.9 Indifference Curves for Perfect Substitutes

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Figure 4.10 Indifference Curves for Perfect Complements

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Figure 4.11 The Same Consumer Can Have Indifference Curves with Different Shapes
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Figure 4.12 Indifference Curves for a Bad

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Figure 4.13 Indifference Curves for the Absence of a Bad

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Figure 4.14 The Budget Constraint

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Figure 4.15 The Effects of Price or Income Changes on the Budget Constraint
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Figure 4.16 Quantity Discounts and the Budget Constraint

Goolsbee, Levitt, Syverson: Microeconomics, First Edition
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Figure 4.17 Quantity Limits and the Budget Constraint

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Figure 4.18 The Consumers Optimal Choice

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Figure 4.19 Two Consumers Optimal Choices

Goolsbee, Levitt, Syverson: Microeconomics, First Edition
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Figure 4.20 Optimal Choices of Internet and Non-Internet Households

Goolsbee, Levitt, Syverson: Microeconomics, First Edition
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Figure 4.21 Paying a Fixed Fee to Reduce the Price of Local Calls
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Figure 4.22 A Corner Solution

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Figure 4.23 Utility Maximization Versus Expenditure Minimization

Goolsbee, Levitt, Syverson: Microeconomics, First Edition
Copyright 2013 by Worth Publishers