In the figure above, the single-price, unregulated monopoly sets a price of

A) $80 per unit.
B) $60 per unit.
C) $40 per unit.
D) $0 per unit.

B

Economics

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The HO model assumes that ________ are identical between countries

A) tastes B) technology sets C) factor endowments D) Both A and B

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An increase in the supply of labor will, everything else equal,

a. increase the full-employment level of output b. decrease the full-employment level of output c. move the economy from a recession toward full employment d. reduce total employment e. have no impact on total employment

Economics