A natural monopoly that is regulated to set its price according to the marginal cost pricing rule will
A) incur an economic loss.
B) maximize its profit.
C) produce a quantity of output such that price is above average total cost.
D) produce a quantity of output such that marginal cost is above average total cost.
A
Economics
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From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2009, amount of Federal Reserve assets rose, leading to
A) a huge increase in the monetary base. B) a huge expansion of the money supply. C) an economic expansion. D) a high inflation.
Economics
The term used to describe the situation in which government spending causes interest rates to increase and private sector investment to fall is
a. negative feedback b. crowding out c. positive pressure d. transfer of burden e. investment shift
Economics