At the current price of a good, Jessica's consumer surplus equals 12, Lauren's consumer surplus equals 14, and Isabel's consumer surplus is 4. By perfect discrimination, a monopolist could increase his profit by
A) 4.
B) 12.
C) 16.
D) 30.
D
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If the pound-dollar exchange rate changes from £0.60 per dollar to £0.65 per dollar, then the pound has ________ against the dollar and the dollar has ________ against the pound
A) depreciated; depreciated B) appreciated; depreciated C) appreciated; appreciated D) depreciated; appreciated
Compared to whites, blacks had disproportionately high mortality rates in:
a. the far southern colonies. b. the Caribbean colonies. c. the northern mainland colonies. d. the mid-Atlantic colonies.
A firm has three different investment options, each costing $10 million. Option A will generate $12 million in revenue at the end of one year. Option B will generate $15 million in revenue at the end of two years. Option C will generate $18 million in revenue at the end of three years. Which option should the firm choose?
a. Option A b. Option B c. Option C d. The answer depends on the rate of interest, which is not specified here.
Violent protests against the WTO meeting in Seattle reflected popular concerns over
A. the consequences of globalization. B. high tariffs. C. the lack of exports. D. the 2000 Presidential election outcome.