The unregulated, single-price monopolist illustrated in the figure above makes an economic profit of

If two goods are complements, a fall in the price of one will lead to an increase in demand for the other.

a. true b. false

If a firm is experiencing diminishing marginal returns,

a. total output decreases as all resources are increased b. total output decreases as all resources are decreased c. total output decreases as one variable resource is increased, other things constant d. additional increments of output diminish as one variable resource is increased, other things constant e. additional increments of output diminish as all variable resources are increased