If the marginal propensity to consume ( MPC) is 0.5, the value of the multiplier is

A monopolist is producing at an output level at which MR = $9 and MC = $8. It could increase profits

A) by increasing both output and price. B) by reducing output and by increasing price. C) by reducing both output and price. D) by increasing output and by reducing price.

All of the following describe the conflict between divisions EXCEPT

a. some activities across divisions benefit from coordination b. managers of profit centers care too little about the effects of their decisions on other divisions c. managers are rewarded only for how well their own division is run d. A divisional manager does not have authority to run her division efficiently