If the inverse demand curve a monopoly faces is p = 100 - 2Q, and MC is constant at 16, then the firm's Lerner Index equals
A) 58/16.
B) 16/42.
C) 58/42.
D) 42/58.
D
Economics
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The evidence on the interest sensitivity of the demand for money suggests that the demand for money is ________ to interest rates, and there is ________ evidence that a liquidity trap exists
A) sensitive; substantial B) sensitive; little C) insensitive; substantial D) insensitive; little
Economics
The difference between the acquisition price of a company and the fair value of the acquired assets of the business is referred to as
a. float b. goodwill c. depreciation d. amortization e. inventory
Economics