A monopolist will maximize profits by:
a. setting his price as high as possible.
b. setting his price at the level that will maximize per-unit profit.
c. producing the output where marginal revenue equals marginal cost.
d. producing the output where price equals marginal cost.
c
Economics
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If a 10-year Treasury bond pays 3.1 percent and a 10-year corporate bond pays 7.4 percent, what is the interest rate spread on this particular corporate bond?
A. 4.3 percent B. 7.4 percent C. 10.5 percent D. 22.9 percent
Economics
A higher interest rate will _____
Fill in the blank(s) with the appropriate word(s).
Economics