If the producer of an information product engages in marginal cost pricing, it earns
A) a normal profit.
B) an economic loss.
C) zero economic profits.
D) positive economic profits.
Answer: B
Economics
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The aggregate demand curve is all of the equilibrium combinations of
A) the IS curve and the MP curve. B) the output gap and the price level. C) the price level and the real interest rate. D) the real interest rate and the output gap.
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