Figure 11-2

For the monopolist show in Figure 11-2, how much profit is the monopolist making per unit?

Why would a firm continue to pollute even when it is fined (taxed) for doing so?

What will be an ideal response?

The debt-GDP ratio was lower in 1997 than it was during

A) the Civil War. B) World War I. C) World War II. D) all of the above.