If a firm sells its output at a price greater than AVC, it will earn economic profit

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

False

Economics

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Refer to the figure above. What is the price at which the monopolist should sell its output?

A) $3 B) $4 C) $6 D) $9

Economics

The one-year re-pricing GAP is a measure of __________ risk

A) credit B) leverage C) interest rate D) liquidity

Economics