For a single-price monopolist, A) MR = P. B) MR < P. C) ...

[EY67]

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]

Answer to Question 1

B

Answer to Question 2

C