Typically, perfect competitors advertise their specific goods

Inflation ________ the cost of holding money and ________ the after-tax real interest rate

A) decreases; increases B) increases; decreases C) increases; increases D) decreases; decreases E) increases; does not change

To maximize net revenue, a price searcher should

A) set total revenue equal to total cost. B) set marginal revenue equal to marginal cost. C) set net revenue equal to zero. D) reduce output if marginal costs are increasing.