A monopolist is a price taker, just like a perfect competitor

Of the approximate total population of 300 million people in America, about how many have incomes below the official poverty level?

A) approximately 13 million B) approximately 46 million C) approximately 73 million D) approximately 104 million

From the standpoint of economic efficiency, markets tend to provide

a. less of a public good than would be efficient. b. more of a public good than would be efficient. c. exactly the amount of a public good that is efficient. d. none of the above.