For a monopoly firm, which of the following equalities is always true?
a. price = marginal revenue
b. price = average revenue
c. price = total revenue
d. marginal revenue = marginal cost
b
Economics
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Of the collection of supply and demand diagrams in Figure 2.2, which one shows the result of an increase in technology in the market for anything?
A. Figure 1 B. Figure 2 C. Figure 3 D. Figure 4
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banks make additional loans when required
What will be an ideal response?
Economics