If marginal costs fall below average cost, average cost must be

If a landlord will rent an apartment only to married couples, the landlord is using a ________ allocation method

A) majority rule B) market price C) contest D) personal characteristics E) command

Suppose the real money demand function is

Md/P = 2400 + 0.2Y - 10,000 (r + ?e). Assume M = 5000, ?e = .03, and Y = 5000. If the price level were to decrease from 2.5 to 2.0, then the real interest rate would decrease by how many percentage points (assuming Md, ?e, and Y are unchanged)? A) 4 B) 5 C) 9 D) 14