On a straight line demand curve, total revenue is the same at every point on the demand curve.
Answer the following statement true (T) or false (F)
False
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Market income in the United States is distributed
A) more unequally than income after taxes and benefits. B) less unequally than income after taxes and benefits. C) the same as income after taxes and benefits. D) according to a big tradeoff between equity and equality
There's a call option written for 100 shares of GM stock for $85.00 a share, prior to the third Friday of October 2017: The option writer:
A. has the requirement to sell 100 shares of GM for $85 a share on or before the third Friday of October 2017 if the option holder wants to exercise the option. B. does not have to post margin while the option holder does. C. can cancel the option before the third Friday of October 2017. D. has the option to sell 100 shares of GM for $85 a share on or before the third Friday of October 2017.
Monopolistically competitive firms in long-run equilibrium produce at ________ the optimal scale.
A. less than B. more than C. exactly D. sometimes more and sometimes less than
Daily fantasy is legal
A. everywhere. B. nowhere. C. as long as it is on the internet. D. in some states and illegal in others.