A _________ monopoly is regulated and can provide cheaper service than could several competing firms.

Compared to a single-price monopoly, when a monopoly can perfectly price discriminate, the deadweight loss

A) increases. B) decreases. C) remains the same. D) becomes infinite. E) probably changes, but more information is needed to determine if it increases, decreases, or remains constant.

If the growth rate of multifactor productivity is 2.5, and b = 0.25, k = 4, n = 2, and y = 5, then the growth rate of labor productivity is

A) 3.0. B) 8.0. C) 2.0. D) 2.5.