A bilateral monopoly is a market situation in which there is only one buyer and only one seller

Ben's Peanut Shoppe suffers a short-run loss. Ben will not choose to shut down if

A) his Shoppe's total revenue exceeds his capital costs. B) his Shoppe's total revenue exceeds his implicit costs. C) his Shoppe's total revenue exceeds his fixed cost. D) his Shoppe's total revenue exceeds his variable cost.

The Personal Consumption Expenditures Index

A. also includes producer prices (like the cost of iron ore). B. only includes food and energy. C. strips out the cost of food and energy. D. includes all goods and services people buy (not just what "average" people buy).