Suppose Acme and Mega produce and sell identical products and face zero marginal and average cost. Below is the market demand curve for their product. If Acme and Mega decide to collude and work together as a monopolist with each firm producing half the quantity demanded by the market at the monopoly price, then what will be Mega's economic profit?

A flow variable

a. measures a process that takes place over a period of time b. is often used to measure the amount of wealth that a household has c. is related to the supply and demand of water d. measures a quantity in existence at a moment in time e. is a definition unique to economics

Suppose that there is a current account deficit of $250 billion and a financial account surplus of $250 billion. It can be concluded that the

A. overall balance of payments equals $500. B. overall balance of payments is balanced. C. overall balance of payments is more than $250. D. overall balance of payments is not balanced.