If the United States economy were operating on its production possibilities frontier, it would have the best chance of quickly and temporarily reaching point F if

In the problem of double marginalization, the resulting price is higher than if

a. The manufacturer were to sell directly to the consumer b. The manufacturer and the retailer were to merge c. All of the above d. None of the above

When a monopoly cuts its price to increase its sales, it experiences a loss in revenue due to the ________

Fill in the blank(s) with the appropriate word(s).