The Fed accidentally discovered open market operations in the early

In the figure above, the single-price, unregulated monopoly sets a price of

A) $80 per unit. B) $60 per unit. C) $40 per unit. D) $0 per unit.

"Value added" is defined as:

a. the price of the product multiplied by the quantity produced. b. total sales revenue divided by the quantity produced. c. total sales revenue minus sales taxes. d. the value of total product minus raw materials costs.