Author Question: For a single-price monopolist, A) MR = P. B) MR < P. C) MR first increases and then ... (Read 51 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
For a single-price monopolist,
 
  A) MR = P.
  B) MR < P.
  C) MR first increases and then decreases with the quantity sold.
  D) MR first decreases and then increases with the quantity sold.

Question 2

If the world real interest rate falls, then a country that is an international lender
 
  A) increases the amount of its lending.
  B) does not change the amount of its lending.
  C) decreases the amount of its lending.
  D) None of the above answers is correct because lending might increase, decrease, or not change.



emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

For a complete list of videos, visit our video library