The figure above shows a monopoly's total revenue and total cost curves. The monopoly's economic profit is zero if it produces

Technology is

A) society's pool of knowledge of how to produce goods and services. B) a resource like land or physical capital. C) computers and lasers. D) not obtainable by engaging in activities that increase human capital.

A firm's level of investment depends on the market interest rate: a. only when the firm has to borrow funds to invest in new equipment. b. only when the firm has to borrow funds to buy stocks and bonds. c. only when the firm already has sufficient funds and could lend them

d. because the interest rate represents the opportunity cost of investing in capital. e. because investments are always made with borrowed funds.