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Author Question: For a single-price monopoly, marginal revenue is ________ when demand is elastic and is ________ ... (Read 97 times)

kfurse

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on: Jun 29, 2018
For a single-price monopoly, marginal revenue is ________ when demand is elastic and is ________ when demand is inelastic.
 
  A) negative; negative
  B) negative; positive
  C) positive; negative
  D) positive; positive

Question 2

When the interest rate is above the equilibrium interest rate there is an
 
  A) excess quantity of money and people will sell bonds.
  B) excess demand for money and people will sell bonds.
  C) excess quantity of money and people will buy bonds.
  D) excess demand for money and people will buy bonds.


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matt

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


kfurse

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nothere

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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