In the short run, a profit-maximizing monopolistically competitive firm sets it price:
A. equal to marginal revenue.
B. equal to marginal cost.
C. above marginal cost.
D. below marginal cost.
Answer: C
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When people talk about U.S. intellectual property rights, what are they talking about?
A. The existence of high-quality educational institutions such as the Ivy League schools. B. The abstract nature of ownership in corporate organizations. C. The human capital of the U.S. labor force. D. Ideas and knowledge protected by patents and copyrights.
If the cash in an account falls below the maintenance margin, then a margin call is required to replenish the margin account to the maintenance margin account
a. true b. false
The bond supply curve slopes upward because:
A. for companies seeking financing, the higher the price of bonds the more attractive it is to sell bonds. B. as bond prices rise yields decrease. C. as bond prices rise people holding bonds are more tempted to hold them. D. as bond prices rise yields increase.
Other things remaining the same, the quantity of a good or service demanded will increase if the price of the good or service Question 25 options:
A. rises or falls. B. does not change. C. falls. D. rises.