You own $10,000 in personal property, $3,000 in Corporation A stocks, $1,000 in U.S. Savings Bonds and have $500 in your checking account. If Corporation A goes bankrupt, the most you could lose is

Refer to the data for a nondiscriminating monopolist. At its profit-maximizing output, this firm's total profit will be:

A.  $82.
B.  zero.
C.  $54.
D.  $27.

Figure 17.1 depicts a firm's marginal revenue product curve. Why does the marginal revenue product of labor decrease faster as the firm increases its use of labor by 10 hours?

A. Because the marginal product of labor decreases at an increasing rate. B. Because the marginal product of labor decreases at a decreasing rate. C. Because the marginal product of labor increases at an increasing rate. D. Because the marginal product of labor increases at a decreasing rate.