To sell one more unit of a good, a monopolist must
A) lower the price on the last unit only.
B) lower the price on all units.
C) raise the price only on the last unit sold.
D) raise the prices on all goods.
B
Economics
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One way to eliminate the Tragedy of the Commons is to
a. increase law enforcement in public areas. b. limit access to the commons. c. increase access to the commons. d. decrease taxes.
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Core inflation refers to the inflation picture after stripping away the:
A. Capital goods prices B. Food and energy prices C. Government-regulated prices D. Service-sector prices
Economics