A financial statement that sums up a firm's financial position on a particular day is

Shrimp is an increasingly popular part of the American diet. Louisiana shrimpers who represent the bulk of the U.S. industry were almost all put out of business by Hurricane Katrina

How did this affect the equilibrium price and quantity of shrimp?

Nondiscriminating monopoly is similar to perfect competition in that

a. they have the same level of barriers to entry b. they have a similar number of firms in the industry c. the demand curve facing the firm is perfectly elastic for both d. price equals marginal revenue for both e. price equals average revenue for both