In the above scenario, the profit of the company will
a. increase.
b. decrease.
c. remains the same.
d. may increase or decrease.
d
You might also like to view...
When the staff of the account manager at the Fed's Open Market Trading Desk analyzes forecasts on Treasury deposits and information on the timing of future Treasury sales of securities, what agency does it interact with?
A) The Securities and Exchange Commission B) The Treasury's Office of Government Finance C) The Treasury's Office of Federal Reserve Relations D) The Federal Deposit Insurance Corporation
The transactions demand for money exists because:
a. people want to maintain a speculative cash reserve. b. people are insensitive to interest rate fluctuations and prefer to hoard money. c. people want to be prepared for unplanned emergency expenditures. d. people prefer cash over bank deposits. e. people do not receive their income at the same time they spend it.
According to utility theory, when total utility reaches a maximum, then marginal utility is:
A. Increasing B. Decreasing C. At a minimum D. Equal to zero
Peak load pricing
A. is designed to move consumers up along their demand curve. B. is usually used when supply is very elastic. C. is designed to encourage more supply rather than to allocate a fixed supply. D. is designed to shift the demand curve of consumers to the left.