At a certain level of production, the average total cost faced by a monopolist is $6 and the marginal cost faced by the monopolist is $4
If the government decides to regulate the market by setting the price at the efficient price, the good will be sold at a price of: A) $2 per unit.
B) $4 per unit.
C) $6 per unit.
D) $10 per unit.
B
Economics
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In the "cost of capital channel" of monetary policy, a lower interest rate __________ spending
A) raises consumption B) raises investment C) lowers consumption D) lowers investment
Economics
Suppose there was a large increase in net exports. If the Fed wanted to stabilize output, it could
a. increase the money supply, which will reduce interest rates. b. decrease the money supply, which will reduce interest rates. c. increase the money supply, which will increase interest rates. d. decrease the money supply, which will increase interest rates.
Economics