In the problem of double marginalization, the resulting price is ______than if the manufacturer and the retailer were to merge

If a natural monopoly is allowed to set its price above its average total cost, then

A) the company makes an economic profit. B) the company incurs an economic loss. C) competitors will enter the market. D) the company will produce more than the efficient amount of output.

To a bank, an asset is an obligation that it owes to someone else

a. True b. False Indicate whether the statement is true or false