Which of the following statements is true of a monopolist's supply curve?

A) The supply curve is vertical.
B) The supply curve is upward sloping.
C) The supply curve is downward sloping.
D) A monopolist does not have a supply curve.


D

Economics

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When a nation is said to be running a balance of payments surplus, this means its

A) official settlements balance is positive. B) trade balance is positive. C) net financial account balance is positive. D) current account is positive.

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A situation in where the costs of an action are not fully borne by the two parties engaged in exchange is

A) an externality. B) an internality. C) internal costs. D) a transactions cost.

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The term "unemployed" includes all people who want a job, but don't have one

a. True b. False Indicate whether the statement is true or false

Economics