Read the following:
- Microeconomics (Krugman and Wells, 6th ed.) textbook:
- Chapter 6: Elasticity
- Chapter 9: Decision-Making by Individuals and Firms
- Chapter 9A: How to Make Decisions Involving Time: Understanding Present Value
- Chapter 10: The Rational Customer
- Chapter 10A: Consumer Preferences and Consumer Choice
- Chapter 11: Behind the Supply Curve: Inputs and Costs
Your course textbook can be accessed via the DART eBook link in the Getting Started module.