A monopoly might produce less than the socially optimal amount of pollution because
A) it likes to be a good citizen.
B) it sets price above marginal cost.
C) it earns economic profit.
D) it internalizes the external costs.
B
Economics
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In the United States, the Federal Reserve pursues an inflation targeting policy of keeping inflation below 2 percent
Indicate whether the statement is true or false
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_____ is a monthly payment made by a franchisee to the franchisor usually a certain percentage of the former's gross revenue
a. Royalty b. Annuity c. Contingent fee d. Capitation fee
Economics