Napoli National Bank has liabilities of $3 million and net worth of $200,000. Napoli National Bank's assets are
A. $200,000.
B. $2.8 million
C. $3.0 million.
D. $3.2 million.
Answer: D
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Refer to the table above. Which of the following statements is true of the monopolist's marginal revenue?
A) As the monopolist reduces the price of its product from $9 to $3, the marginal revenue decreases. B) As the monopolist reduces the price of its product from $9 to $3, the marginal revenue increases. C) As the monopolist reduces the price of its product from $9 to $3, the marginal revenue first increases then decreases. D) As the monopolist reduces the price of its product from $9 to $3, the marginal revenue first decreases then increases.
The vertical intercept of the consumption function that represents the portion of consumption expenditure not associated with a level of disposable income is known as:
a. zero income intercept. b. disposable income intercept. c. autonomous consumption. d. automatic consumption line.
Economies of scale arise from:
A. increasing returns to scale. B. constant returns to scale. C. decreasing returns to scale. D. constant marginal returns to scale.
In Figure 1.2, which labeled points are attainable? 
A. only A B. only B and C C. only D D. A, B, and C