A monopoly's goal using price discrimination is to increase
A) total revenue.
B) marginal revenue.
C) total profit.
D) the per unit profit.
C
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In the model of monopolistic competition, an increase in industry output will ________ market shares and ________ profits of producers of higher-priced goods and will ________ market shares and ________ profits of producers of lower-priced goods
A) reduce; reduce; increase; increase B) increase; increase; reduce; reduce C) increase; reduce; increase; reduce D) reduce; increase; reduce; increase E) reduce; increase; increase; reduce
Other things the same, as the price level rises,
a. the interest rate rises causing aggregate demand to shift. b. the interest rate rises causing a movement along a given aggregate-demand curve. c. the interest rate falls causing aggregate demand to shift. d. the interest rate falls causing a movement along a given aggregate-demand curve.
The prices producers charge to cover the cost of supply may be seen on a:
a. television economic update b. trade journal c. index table of interest rates d. supply curve
Expansionary monetary policy involves actions that:
A. increase the money supply in order to decrease aggregate demand. B. increase the money supply in order to increase aggregate demand. C. reduce the money supply in order to decrease aggregate demand. D. reduce the money supply in order to increase aggregate demand.