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. MICROECONOMICS Principles and Analysis Frank A. Cowell STICERD and Department of Economics London School of Economics December. cost function (Theorem 2.2) . . . . . . . 608 C.1.3 Firm’s demand and supply functions (Theorem 2.4) . . . 611 C.1.4 Firm’s demand and supply functions (continued) . . . . . 612 C.1.5 Properties. . . . . . . . . . . . . . . . . . 86 4.11 Compensated demand and the value of a price fall . . . . . . . . 90 4.12 Compensated demand and the value of a price fall (2) . . . . . . 91 4.13 Three