Refer to Figure 5-1. The market equilibrium quantity is ________ thousand vaccinations

Capital is a factor of production. Which of the following is an example of capital?

i. $1,000 in money ii. 100 shares of Microsoft stock iii. $10,000 in bonds issued by General Motors iv. a drill press in your local machine shop A) i and ii B) ii only C) iv only D) iii only E) ii and iii

If a monopolist was operating in a price range where marginal revenue was negative, it would be

A) in the inelastic range of the demand for its product. B) in the unit elastic range of the demand for its product. C) in the elastic range of the demand for its product. D) maximizing revenue but not profits.