If a marginal cost pricing rule is imposed on the natural monopoly in the figure above, then the price will be

A monetary policy target is a variable that

A) the Fed cannot affect directly. B) the Fed has no ability to change. C) the Fed can affect directly. D) equals one of the Fed's main policy goals.

The cost of internal equity (retained earnings) is ____ the cost of external equity (new common stock)

a. greater than b. equal to c. less than