In the above figure, what is total revenue at the profit-maximizing point?

Which of the followings statements correctly identifies an advantage of using foreign aid to eradicate poverty?

A) It is extremely efficient in countries where institutions are extractive. B) It directly increases the efficiency of production in poorer countries. C) Its flow is transparent and can be questioned by all individuals in the receiving country. D) It leads to a redistribution of income around the world.

When marketing makes customers better informed about all firms in the market: a. demand curves for specific brands in the market are likely to become less elastic. b. each firm is likely to have less market power

c. firms are better able to foster stronger brand loyalty. d. the market power of individual firms is strengthened.