For a monopolist, when the price effect is greater than the output effect, marginal revenue is

Marginal cost is the increase in total ________ that results from a one-unit increase in ________

A) fixed cost; the fixed input B) cost; output C) variable cost; the variable input D) fixed cost; output

Individuals that lend funds to a bank by opening a checking account are called

A) policyholders. B) partners. C) depositors. D) debt holders.