Refer to Monopoly Problem. This monopoly will charge
Consider a monopoly with constant marginal costs of $20. Consumers in the market for this monopoly’s product have demand of Q = 100 - 2P.
a. $20
b. $25
c. $30
d. $35
d. $35
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The following questions are about mutual funds:
i. What are index funds? ii. What is an expense ratio? How do expense ratios affect the value of an investor's portfolio?
________ is/are the payment for the factor of production ________
A) Rent; capital B) Wages; capital C) Interest; labor D) Profit; entrepreneurship
Money market mutual funds: a. offer higher rates of interest than bank checking accounts, but lack check-writing privileges
b. offer higher rates of interest than bank checking accounts and also offer limited check-writing privileges. c. usually pay lower rates of interest than bank checking accounts. d. were originally developed and offered by banks to their customers. e. usually do not offer any check-writing privileges.
The income of managers is often ____ diversified compared to the income of stockholders
A) more easily B) equally easily C) less easily D) smaller