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Author Question: Suppose the marginal value curve for a monopsonist is MV = 70 - Q, and the marginal expenditure ... (Read 217 times)

NguyenJ

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on: Jul 1, 2018
Suppose the marginal value curve for a monopsonist is MV = 70 - Q, and the marginal expenditure curve is ME = 10 + 2Q. What is the optimal price paid by the monopsonist?
 
  A) P = 20
  B) P = 50
  C) P = 60
  D) We need to know the AE curve in order to determine the optimal price

Question 2

Use the following statements to answer this question: I. Corporate paper rates are typically less than one percent higher than Treasury bill rates. II. Treasury bill rates may be viewed a short-term, risk-free rates.
 
  A) I and II are true.
  B) I is true and II is false
  C) II is true and I is false
  D) I and II are false


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Awesome

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


NguyenJ

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Reply 2 on: Jul 1, 2018
Gracias!

flexer1n1

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Reply 3 on: Yesterday
Excellent

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