Refer to Figure 22-2. Based on the per-worker production function above, if the economy raises capital per hour worked from $35,000 to $40,000, by how much will real GDP per hour worked increase?

In the above figure, if this natural monopolist were unregulated, the profit maximizing firm would sell the product at the price

A) A. B) B. C) C. D) F.

If the demand curve a firm faces shifts to the right, usually:

a. it would be impossible to tell whether the marginal revenue curve shifts. b. the marginal revenue curve would shift to the left. c. the marginal revenue curve would shift to the right. d. the marginal revenue curve would not shift.