How many members appointed by the president sit on the Federal Reserve Board?

The above figures show the market for HD televisions. If the technology used to produce these televisions advances so that productivity increases, which figure shows the effect of this change?

A) Figure A B) Figure B C) Figure C D) Figure D E) None of the figures represent this change.

Which of the following statements is true? a. A firm that has monopoly power is a price maker

b. A firm that has monopoly power is a price taker. c. A firm that has monopoly power earns exorbitant profits. d. A firm that has monopoly power has a perfectly elastic demand curve. e. A firm that has monopoly power has a perfectly inelastic demand curve.