Answer: D) all of the choices are always true
Which of the following is ALWAYS true for a profit-maximizing single-price monopolist?
A) p > Mc
B) MR = MC
C) p= MR
D) all of the choices are always true
Economics
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An increase in the number of pineapple growers results in
A) an increase in the supply of pineapples and a rightward shift in the supply curve of pineapples. B) an increase in the supply of pineapples and a leftward shift in the supply curve of pineapples. C) an increase in the quantity of pineapples supplied and no shift in the supply curve of pineapples. D) no change in the supply of pineapples and a movement along the supply curve of pineapples. E) None of the above answers is correct.
Economics
Refer to Table 8-16. Given the information above, what can we say has happened in the economy from 2015 to 2016?
A) The price level has risen. B) The price level has fallen. C) The price level has remained constant. D) Not enough information is available to determine what has happened to prices.
Economics