The stock of high-powered money in the economy is $80 billion. The bank reserve-holding ratio is 0.12 and the public wishes to hold 10% of its deposits as cash. The level of bank deposits will be

The table above gives the total revenue and total cost for a perfectly competitive firm producing chocolate chip cookies. If the firm is producing 4 pounds of cookies, to maximize its profit it will

A) increase its output. B) decrease its output. C) continue producing 4 pounds of cookies. D) shut down.

What is a better pricing strategy for the monopolist? At this price, what are the total profits to the monopolist?

a. Bundle the goods at $4,500 . Profits=$9,000 b. Bundle the goods at $6,000 . Profits=$12,000 c. Bundle the goods at $5,000 . Profits=$10,000 d. Bundle the goods at $9,500 . Profits=$19,000