Gold is a perfect medium of exchange and measure of value because of its:
a. divisibility, portability, and homogeneity.
b. divisibility and durability.
c. durability and relative scarcity.
d. durability and homogeneity.
e. divisibility, durability, and relative scarcity.
a
Economics
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The profit-maximizing output level for a monopolist occurs where marginal revenue equals marginal cost.
Answer the following statement true (T) or false (F)
Economics
Refer to the figure below. 
This firm's marginal revenue curve would intersect the vertical axis at ________.
A. $70 B. $35 C. $20 D. $0
Economics