An unexpected drop in the LEI should send bond prices __________ and stock prices __________

A monopoly is inefficient because: a. consumers are forced to pay higher prices for products

b. firms are able to earn economic profits. c. the cost of increased production is less than the value that society places on it. d. price exceeds marginal revenue.

When the federal government owns parks that are funded by tax dollars,

a. park managers receive full information about visitor desires and make decisions accordingly. b. the same incentive structure exists for public park managers as private park managers. c. park managers devote much time and effort to satisfying political desires instead of visitor desires. d. park managers will be less likely to mismanage the park.