The figure above provides information about Light-U-Up Utilities, which is a natural monopoly that provides electricity. What is the area of deadweight loss when Light-U-Up is regulated and follows a marginal cost pricing rule?
A) abd
B) acg
C) deg
D) There is no deadweight loss.
D
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Based on the figure below, the economy is initially at point A on the monetary policy reaction function (RF1) and the aggregate demand curve (AD1). The actual rate of inflation is p' and the Federal Reserve's target inflation rate is p*1. 
If the Federal Reserve raises its target inflation rate to p*3, then the Federal Reserve's monetary policy reaction function will ________ and the aggregate demand curve will ________.
A. shift to RF2; shift to AD2 B. shift to RF3: shift to AD3 C. shift to RF3; shift to AD2 D. shift to RF2: shift to AD3
For managers who have already met their goals, high powered sales goals
a. Give an incentive to spread out their sales into the year b. Give an incentive to accelerate costs or delay sales c. Give no incentive to accelerate sales or delay costs d. None of the above
The main instrument of control of public monopolies is the regulatory agency
a. True b. False Indicate whether the statement is true or false
Which one of the following statements best describes the future of global freshwater supplies?
a. Water shortages are likely to become less frequent in both developed and developing countries b. Water shortages are likely to become less frequent in developing countries but more frequent in developed countries c. Water shortages are likely to continue at present rates in both developing and developed countries d. Water shortages are likely to increase, mainly in developed countries e. Water shortages are likely to increase, mainly in developing countries