The monopolist faces the market demand curve
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following suggests that a competitive firm earns zero economic profits?
A) P = MC > ATC B) P > MC = ATC C) P = MC = ATC D) P > MC > ATC
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As of 2012, mortgage-backed securities made up approximately what portion of securities held by a bank?
A) 5% B) 20% C) 50% D) 70%
Economics