Monoploy

In the above figure, the distance between A and B represents this monopoly firm's

A) total profit. B) total revenue. C) average profit per unit. D) average cost per unit.

In a command economy, the three economic questions are answered by which of the following?

a. The production and consumption choices made by sellers and buyers in decentralized markets. b. A cartel of major transnational corporations, government agencies, and consumer advocates. c. A trilateral commission of major corporations, elected officials, and economists d. A central authority such as a peoples' committee or a dictator.