When a monopolist sells the same product at different prices and the prices are related to cost differences, we have

The fact that individuals whose credit worthiness is less than it appears to be are those who are most willing to borrow funds at any given interest rate is an example of

A) moral bonuses. B) diverse origins. C) symmetric information. D) adverse selection.

If inputs into production cannot be substituted for each other but have to be employed in fixed proportions isoquants are straight, downward-sloping lines

Indicate whether the statement is true or false