A monopoly is charging $40 for its product and at this price, the price elasticity of demand is 0.5. What is its marginal revenue?

A) $40 B) -$10 C) $10 D) -$40


D) -$40

Anthropology & Archaeology

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Which of the following is true of matriarchies?

a. They commonly occur throughout traditional African societies. b. No society is matriarchal in the same way that some societies are truly patriarchal. c. They commonly occur throughout traditional Indian societies. d. Patrilineal societies are frequently matriarchal.

Anthropology & Archaeology

Some might suggest that the Vietnam War and civil rights movement created an "angry young man" out of Lewis Binford

Indicate whether the statement is true or false

Anthropology & Archaeology

The HbS allele increased in frequency in West African populations due to

a. sickle-cell anemia. b. genetic drift. c. migration. d. increased mutation rates. e. natural selection.

Anthropology & Archaeology

The actual distribution of wealth and other rewards is strongly correlated with people’s opinions about the distribution of resources in any society

a. True b. False

Anthropology & Archaeology