A firm has a fixed cost of $500 in its first year of operation. When the firm produces 100 units of output, its total costs are $4,500 . The marginal cost of producing the 101st unit of output is $300 . What is the total cost of producing 101 units?

All of the following are ways a government might protect monopoly rights except:

A. making it illegal to enter an industry. B. heavy taxation of potential competitors. C. protecting intellectual property rights. D. subsidizing a state-owned entity.

The typical tax-haven subsidiary owns the common stock of its related operating foreign subsidiaries.

a. true b. false