The demand for Healthy Bars, a health snack bar, is Qd = 10 - (2 × P) and Healthy Bars has a constant average cost of $3 per snack bar. If Healthy Bars wants to package their bars to create an all-or-nothing offer and puts the profit-maximizing number of bars into each package, what is the profit-maximizing price to charge for the package?
A) $8 B) $12 C) $20 D) $16
D) $16
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Indicate whether the statement is true or false
In order to sell an additional unit of its product, a monopolist must decrease price on all units
a. True b. False
If the annual real rate on a 10-year inflation-protected bond equals 1.9 percent and the annual nominal rate of return on a 10-year bond without inflation protection is 4.4 percent, what average rate of inflation over the ten years would make holders of inflation-protected bonds and holders of bonds without inflation protection equally well off?
A. 6.3 percent B. 2.5 percent C. 1.9 percent D. 4.4 percent
Sonia has $2,400 a month to spend on clothing and food. The price of clothing is $60 and the price of food is $10. The clothing and food pairs in Sonia's choice set include ________ units of clothing and ________ units of food.
A. 40; 100 B. 0; 400 C. 30; 140 D. 20; 120