Author Question: Workers in the U.S. economy get most of their skill training in school. Indicate whether the ... (Read 65 times)

Bernana · **on:** Jul 1, 2018

Workers in the U.S. economy get most of their skill training in school.

Indicate whether the statement is true or false

Question 2

The marginal cost of a monopolist is constant and is 10. The demand curve and marginal revenue curves are given as follows:

demand: Q = 100 - P
marginal revenue: MR = 100 - 2Q

The deadweight loss from monopoly power is ________.
A) 1000.00
B) 1012.50
C) 1025.00
D) 1037.50
E) none of the above