Costs that change as output changes are called incremental costs

Suppose a demand schedule is P = 100 - Q and a supply schedule is P = 20 + 2Q. What is the marginal net benefit curve?

a. MNB = 80 - Q b. MNB = 80 - 3Q c. MNB = 80 + Q d. MNB = 120 - Q e. MNB = 120 - 3Q

A $10,000 8 percent coupon bond that sells for $10,000 has a yield to maturity of

A) 8 percent. B) 10 percent. C) 12 percent. D) 14 percent.