The single-price monopolist shown in the above figure could increase its economic profit if
A) it became a price discriminator.
B) its costs of production decreased.
C) the demand for its good increased.
D) any or all the above were to occur.
D
Economics
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There were large decreases in productivity during
A. the 1990s and early 2000s. B. the late 1980s. C. the late 1970s and the 2010s. D. the 1950s and 1960s.
Economics
Productivity is a measure of
A. Output per unit of input. B. Input per dollar of output. C. Input per unit of output. D. Output per dollar of input.
Economics
The unemployment rate will never be zero because the economy is dynamic and always changing.
Answer the following statement true (T) or false (F)
Economics
According to the marginal approach to profit maximization, firms should increase output as long as total revenue is rising
a. True b. False
Economics