If the average total cost of producing 2 pounds of cheese is $4 and the average total cost of producing 3 pounds of cheese is $4.2, then the marginal cost of producing third pound of cheese is equal to:

Which of the following is true?

a. To reduce cannibalization among products, reposition a product so that it does not directly compete with the other b. After acquiring a substitute product, raise prices on both the products c. After acquiring a complementary product, lower prices on both the products d. All of the above

Assuming all excess reserves are loaned out, if the reserve ratio is 1 percent, the money multiplier will be equal to:

A. 1. B. 10. C. 11. D. 100.