A price-discriminating monopoly
A) sells a larger quantity than it would if it were a single-price monopoly.
B) is illegal.
C) cannot offer discounts.
D) cannot control the price of its product.
E) makes a smaller economic profit than it would if it were a single-price monopoly.
A
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Critical care surgeons get paid higher salaries than family doctors because
a. they usually work under highly stressful conditions b. they usually have to get longer training c. they usually work uncertain hours d. all of the above
Big-push strategy investments are designed to
a. aid the rich landowners (who run the LDC governments) at the expense of the poor peasants b. invite back successful colonial development into the LDCs c. keep new forms of colonialism out of the LDCs d. generate tax revenues for development e. create the all-at-once development upon which private investment can flourish
Which of the following provides young people with a strong incentive to make regular payments into a retirement program and invest these funds in a diverse set of stocks?
A) The prices of stocks tend to fluctuate more than the prices of bonds. B) When held over lengthy periods like 30 or 40 years, historically the rate of return on stocks has been both higher and less variable than that of bonds. C) Over short periods of time, variation in the real rate of return of stocks is greater than bonds. D) Lower interest rates will lead to higher
the government may reduce government spending or increase taxes in order to eliminate
What will be an ideal response?