Figure 11-6



The profit-maximizing monopolist in Figure 11-6 will produce ____ units of output.



a.

Q1



b.

Q2



c.

Q3



d.

Q4

b

Economics

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Which of the following adjusts to bring aggregate demand and aggregate supply into balance?

a) the price level but not the quantity of output b) the quantity of output but not the price level c) both the price level and the quantity of output d) variables other than the price level and the quantity of output

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A rise in the real interest rate will cause which of the components of aggregate demand to decline?

A) Only C B) Only C and I C) Only C, I, and NX D) C, I, G, and NX

Economics