A monopolist's demand curve is P = 10 - 2Q. Thus, the MR is
A. 5 - Q.
B. 5 - 2Q.
C. 10 - Q.
D. 10 - 4Q.
Answer: D
You might also like to view...
Explain why insurance companies usually do not offer earthquake insurance
What will be an ideal response?
Pedro goes to the local farmer's market and is just as happy buying corn from the first vendor as he is from the second vendor. This example describes which of the following characteristics of perfect competition?
A. large number of small firms B. homogeneous product C. very easy entry and exit D. differentiated product
If the Fed's objective is to stimulate the economy, which of the following gives the correct sequence of events?
A. The money supply decreases, interest rates increase, investment decreases, and AD decreases. B. The money supply increases, interest rates decrease, investment increases, and AD increases. C. The money supply increases, interest rates decrease, investment increases, and AS decreases. D. The money supply decreases, interest rates increase, investment increases, and AD increases.
Which aggregate expenditure schedule(s) AE in the diagram for a private closed economy represent(s) the highest level of investment, assuming investment is the same at each level of income and the level of consumption at zero income is the same for each schedule?
A. AE 4 only.
B. AE 2 and AE 3 .
C. AE 1 and AE 4 .
D. AE 3 and AE 4