A monopoly:
a. can increase price and increase output at the same time.
b. can charge any price it wants and still sell all of its output.
c. can sell any output it produces provided it accepts the market price.
d. must lower price in order to increase output.
e. faces a perfectly elastic demand curve.
d
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All of the following are true of the HPAE EXCEPT
A) macroeconomic stability has been a high priority of their economic policies. B) strong, credible commitments to sharing economic growth across all layers of society exist. C) exports have been promoted while at the same time being more open to imports than other developing countries. D) restrictions on imports of capital goods have helped to favor the development of domestic technology.
The Marshall Kiwanis Club noticed the organizer of their bratwurst booth, at the Celebrate Marshall Festival, seemed more interested in the size and flair of their booth than the cost of achieving it. This excessive interest in prestige of the booth rather than profits made for charity is an example of stakeholder rights
Indicate whether the statement is true or false
A tax system in which tax rates fall as incomes rise is
A. Flat. B. Regressive. C. Proportional. D. Progressive.
When a nation's international borrowing is positive, then its national saving ________ its national investment.
A) exceeds B) equals C) is less than