If a monopoly charges higher prices to consumers who buy smaller quantities than to consumers who buy larger quantities, then
A) consumer surplus is larger than under single-price monopoly.
B) social welfare is larger than under perfect competition.
C) the monopoly's profits are larger than under single-price monopoly.
D) the monopoly's profits are larger than under perfect price discrimination.
C
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You have two bonds, both with a face value of $7,000 . One of them matures one year from today, while the other matures one year after that. If the interest rate is 8 percent (0.08) per year, what is the difference in value between the two bonds?
a. $480.11 b. $578.52 c. $317.46 d. zero e. $925.92
In fisheries management, a fishery is defined as:
A. an operation that breeds and releases fish and other marine animals into the wild. B. a stock of fish or other marine animals that can be thought of as a logically distinct group. C. a company that harvests fish or other marine animals. D. a government organization that regulates the harvesting of fish and other marine animals.