If different markets for a product produced by a monopolist can be separated and if the elasticity of demand differs between the two markets, then the monopolist will
A) be able to make higher profits by using price discrimination.
B) charge a single price in all markets.
C) go out of business.
D) sell the product in only one of the markets with inelastic demand curves.
A
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An increase in the U.S. demand for Japanese yen causes
A) an increase in the dollar price of a yen. B) an increase in the yen price of a dollar. C) an increase in the demand for U.S. goods. D) a decrease in the supply of yens.
Which method of corporate finance is used the most? Why?
What will be an ideal response?
The yield curve is
A) the term structure of interest rates. B) the relation between maturity and yield of a bond. C) maturity. D) both A and B E) all of the above
When Patricia sells her General Motors common stock at the same time that Brian purchases the same amount of General Motors stock from another party, General Motors receives
A) the dollar value of the transaction. B) only the par value of the common stock. C) nothing. D) the dollar amount of the transaction, less brokerage fees.