As the interest rate increases, the opportunity cost of holding money __________ and individuals choose to hold __________ money

A monopoly, unlike a perfect competitor, has total control in its market because it is the single producer. Why, then, must a single-price monopoly decrease its price if it wants to increase its output?

What will be an ideal response?

Which combination is a clear example of "joint products"?

A) Pine paneling and cherry wood B) Cherry wood and cherries C) Cherries and apples D) Apples and crackers