When looking at a monopolist's level of output, you can expect to find
A. average revenue greater than price.
B. price greater than marginal cost.
C. marginal cost greater than marginal revenue.
D. marginal revenue greater than price.
B. price greater than marginal cost.
Economics
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By Marks buys a one-year German government bond (called a bund) for $400. He receives principal and interest totaling $436 one year later. During the year the CPI rose from 150 to 162
The nominal interest rate on the bond was ________, and the real interest rate was ________. A) 9%; 1% B) 9%; -1% C) 36%; 24% D) 36%; 12%
Economics
Privatization of common property leads to overexploitation of natural resources
a. True b. False Indicate whether the statement is true or false
Economics