The point of profit maximization for a monopolist is exemplified by

Which of the following shifts the aggregate supply curve rightward?

A) increase in real GDP B) increase in the money price of oil C) increase in the money wage rate D) increase in potential GDP E) increase in consumers' incomes

Damian shares a small food truck with his sister. His share of the expenses is $500 per month. He has decided to get his own, newer food truck which he will not have to share with anyone. His expenses for the newer truck are $1,400 per month

Damian is as rational as any other person. As an economics major, you rightly conclude that A) Damian figures that the additional benefit of having his own truck (as opposed to sharing) is at least $900. B) Damian cannot afford the newer truck and will have to go back to sharing a truck with his sister. C) Damian figures that the additional benefit of having his own truck (as opposed to sharing) is at least $1,400. D) the cost of having one's own truck outweighs the benefits.