A profit-maximizing monopolist will always operate where demand is unit elastic

Assuming there is a rise in supply of copper, if the market for copper is allowed to adjust, the ultimate result will be:

A) an increase in price and an increase in the quantity demanded. B) an increase in price and an increase in the quantity supplied. C) a decrease in price and an increase in the quantity demanded. D) a decrease in price and an increase in the quantity supplied.

Goods in the CPI inflation are weighted by

a. the price of each good. b. the share of each good in GDP. c. the share of each good in the budget of an average household. d. the share of each good in total consumption.