When a monopolist is ________, it has equated marginal revenue and marginal cost.

A. breaking even
B. producing efficiently
C. maximizing its total revenue
D. maximizing profits


Answer: D

Economics

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A) a decrease in taxes B) a decrease in foreign income C) a decrease in government expenditure D) a rise in the interest rate

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If the economy is slipping into a recession, which of the following would be an appropriate fiscal policy?

A) a decrease in oil prices B) a decrease in government purchases C) a decrease in taxes D) an increase in the money supply and a decrease in interest rates

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According to employment studies, what is the most productive day of the week?

a. Monday b. Tuesday c. Wednesday d. Thursday

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Which of the following is true of a recessionary gap?

What will be an ideal response?

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