If the Shell and Mobil oil companies merge, what is this called?

Once the federal funds rate is reduced to zero, conventional restrictive monetary policy is no longer an option

a. True b. False Indicate whether the statement is true or false

Suppose that a monopolist calculates that at its present output level, marginal cost is $4.00 and marginal revenue is $5.00. The firm could increase profits by:

A. Decreasing price and increasing output B. Increasing price and decreasing output C. Decreasing price and leaving output unchanged D. Decreasing output and leaving prices unchanged