In both perfectly competitive and monopoly markets, the price per unit of a good is equal to the

Sue owns a baking company. The company's total revenue for a month is $4000. The monthly costs of resources bought in the market and of resources owned by the firm are $2000 and monthly costs of resources supplied by the owner are $1000

Sue's economic profit for the month is equal to A) $4000. B) $3000. C) $2000. D) $1000.

A Treasury bill with an original maturity of six months currently sells for $972.58. The bill was issued 30 days ago. An investor who purchases this bill today would have a bond equivalent yield of __________ percent

A) 6.49 B) 6.77 C) 5.58 D) 5.65