If more people buy hybrid cars that have high gas mileage, the equilibrium price of gasoline will ________ and the equilibrium quantity will ________

Deadweight loss is the net loss to society when a monopolist restricts output and increases the price

Indicate whether the statement is true or false

The monopolist's input demand curve is equal to its

A) variable cost curve. B) marginal cost curve. C) average cost curve. D) marginal revenue product curve.