In deriving LM curves, holding the real money supply constant while raising real GDP causes us to

In the above figure, if the price is P1 and the firm produced Q3, the firm's economic profit is ________ than if it produced Q1 and ________ than if it produced Q2

A) less; less B) less; more C) more; less D) more; more

The perfectly discriminating monopolist will produce the

(a) quantity at which average cost exceeds marginal revenue. (b) quantity at which marginal cost equals average cost. (c) quantity at which marginal revenue equals marginal cost. (d) quantity and price which is not necessarily profit-maximizing but in the best interest of society at large, even if it means loss.