Author Question: For a single-price monopolist, A) MR = P. B) MR < P. C) MR first increases and then ... (Read 45 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?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library