A monopolist maximizes profits by producing where which of the following occur?
a. MC = P
b. AC = P
c. MC = MR
d. AC = AR
c
Economics
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In 2005, which union organization was formed out of the AFL-CIO membership?
A) National Brotherhood of Teamsters B) Service Employees International Union C) American Federation of Workers D) Change to Win
Economics
Most lighthouses are operated by the government because
a. of the free-rider problem. b. lighthouses are no longer valued by society. c. most lighthouses are only tourist attractions in state and national parks. d. shipping companies would not be able to afford maintenance fees for lighthouses.
Economics