This graph shows the cost and revenue curves faced by a monopoly. According the graph shown, the profit-maximizing decision of the monopolist would be:

Suppose Ford Motor Company produced and sold $50 million 2015 model-year pickup trucks during the last half of 2014. How would this affect GPD?

A) 2014 GDP would remain unchanged, and 2015 GDP would rise by $50 million. B) 2014 GDP would rise by $50 million, and 2015 GDP would not be affected. C) Both 2014 and 2015 GDP would rise by $25 million. D) Trick question: 2015 model-year vehicles can't be produced and sold in 2014.

The equation of exchange is expressed as:

A. MV = PQ. B. MR = PQ. C. MPP = P. D. MR = MC.