For a monopoly, the value of the next worker equals

A) MR ? MPL.
B) p ? MPL.
C) MPL.
D) w/MPL.

A

Economics

You might also like to view...

When the Fed targets interest rates, rightward shifts in the IS curve force the Fed to ________ the money supply to hold to that target, which acts to ________ velocity

A) raise, destabilize B) raise, stabilize C) lower, destabilize D) lower, stabilize

Economics

If all my savings are invested in my consulting company, an increase in the interest rate increases my implicit costs

a. True b. False

Economics