The dynamic aggregate demand and aggregate supply model accounts for the price level rising every year

If all unwelcome or harmful activities were eliminated,

a. the benefits from eliminating these activities would exceed the cost of eliminating them b. there would be no remaining potential Pareto improvements c. society would be more efficient d. society would be less efficient e. the result would be Pareto efficient

A monopolist's profit per unit is shown by the difference between price and marginal cost per unit

a. True b. False Indicate whether the statement is true or false