the total change in spending =

Explain why the timing of fiscal policy may be more difficult than the timing of monetary policy

What will be an ideal response?

The two-period dynamic monopoly model is more useful than the static monopoly model in analyzing monopoly behavior when

A) the product produced requires a bandwagon effect. B) the product produced generates a positive network externality. C) the monopoly initially uses a lower introductory price. D) All of the above situations.