A supply schedule shows the relationship between
a. demand and supply
b. supply and income
c. price and income
d. quantity supplied and price
e. income and quantity supplied
D
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A monopoly's goal using price discrimination is to increase
A) total revenue. B) marginal revenue. C) total profit. D) the per unit profit.
Suppose the equilibrium quantity of ethanol has decreased. Which of the following could have caused this change?
A) a decrease in demand B) an increase in supply C) an increase in quantity demanded D) an increase in quantity supplied
Which of the following is the best example of an oligopolistic industry?
A. convenience stores B. smartphone manufacturing C. public utilities D. book publishing
Contractionary monetary policy
A. tends to lead to a depreciation of a nation's currency. B. usually has no effect on a currency's exchange value. C. tends to lead to an appreciation of the currencies of other nations. D. tends to lead to an appreciation of a nation's currency.