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Author Question: What leads thousands of profit seeking entrepreneurs to misread the signals of the market-price ... (Read 128 times)

dakota nelson

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on: Jun 29, 2018
What leads thousands of profit seeking entrepreneurs to misread the signals of the market-price system?
 
  A) Poor budget policy on behalf of government officials
  B) The globalization of the world economy
  C) An artificial lowering of interest rates
  D) A poor knowledge of the basic principles of supply and demand

Question 2

Refer to the figure above. What is the optimal quantity that the monopolist should produce?
 
  A) 30 units
  B) 45 units
  C) 60 units
  D) 90 units


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frankwu0507

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

C

Answer to Question 2

A


dakota nelson

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

abro1885

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

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