A monopoly is charging $25 for its product and at this price, the price elasticity of demand is 2. What is its marginal revenue?

A) $15.50
B) $2.00
C) $25.00
D) $12.50


D) $12.50

Anthropology & Archaeology

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Why do the Ifaluk maintain that parents should not play with their young children?

A) They believe that infants under the age of 2 have no thoughts or feelings. B) Their ethnotheories state that "a quiet baby is a healthy baby." C) It is seen as foolish for an adult to play children's games. D) They encourage babies to sleep as much as possible and conserve energy.

Anthropology & Archaeology

The use of flotation devices is employed to find items such as charred seeds, fishbones, and beads in archaeological sites

Indicate whether the statement is true or false

Anthropology & Archaeology

Which one of the following characteristics distinguishes spirituality from religion?

a. belief system b. ceremonial practices c. concern with the sacred d. individual practice

Anthropology & Archaeology

Most powerful in performance, as distinct from text, are:

a. story and character b. character and idea c. idea and music d. music and spectacle e. spectacle and story

Anthropology & Archaeology