Successive downward movements along the demand curve for the product of a monopolist always generate successive
A) increases in the monopolist's marginal revenue.
B) increases in the monopolist's average total costs.
C) decreases in the additional per-unit costs incurred by the monopolist.
D) decreases in the additional per-unit revenues earned by the monopolist.
D
Economics
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A decrease in aggregate demand will
A) cause the short-run Phillips curve to shift to the right. B) decrease unemployment. C) move the economy to a lower point on the short-run Phillips curve. D) cause inflation.
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Everything else held constant, a decrease in government spending ________ aggregate ________
A) increases; demand B) decreases; demand C) decreases; supply D) increases; supply
Economics