Assume a simplified banking system in which all banks are subject to a uniform reserve requirement of 20 percent and checkable deposits are the only from of money. A bank that received a new checkable deposit of $10,000 would be able to extend new loans up to a maximum of:

Suppose there are five firms in the disposable diaper market. Hug-Me's share is 30 percent. Plumper's share is 30 percent. Drippy's share is 20 percent. Kool Kid's share is 10 percent. Nappomatic's share is 10 percent

The Herfindahl-Hirschman Index in this industry is A) 100. B) 900. C) 1,350. D) 2,400.

The unregulated, single-price monopolist illustrated in the figure above makes an economic profit of

A) zero. B) $8.00 per day. C) $10.00 per day. D) $40.00 per day.