In a two-person economy, Adam and Brandon both produce corn and cars. Adam's marginal cost of producing a car is 50 tons of corn, while Brandon's marginal cost is 70 tons of corn. In this economy, Brandon should produce cars and Adam should produce corn

Very Technical is a firm that sells computing equipment. It costs Very Technical $50 for each order of computer monitors and the variable cost of placing an order is $2 per monitor. Very Technical pays an annual holding cost of $6 per monitor. If Very Technical sells 1,000 computer monitors a year and they order 25 monitors, what is the total annual cost of the monitors?

A) $7,250 B) $4,075 C) $3,150 D) $5,025

A nondiscriminating pure monopoly is generally viewed as being ________.

A. productively efficient, but not allocatively efficient B. both productively and allocatively efficient C. allocatively efficient, but not productively efficient D. neither productively nor allocatively efficient