Suppose that in a perfectly competitive industry the equilibrium industry quantity is 10,000 units. Suppose that the monopoly output is 5,000 . For a 2-firm Cournot Oligopoly (N =2) known as a duopoly, what is a likely Cournot QUANTITY for the industry?

Using the Gordon growth model, a stock's current price will increase if

A) the dividend growth rate increases. B) the growth rate of dividends falls. C) the required rate of return on equity rises. D) the expected sales price rises.

Monetarists directly study the link between money and economic activity using

A) structural models. B) reduced-form models. C) scientific models. D) experimental models.