Refer to the information provided in Figure 13.10 below to answer the question(s) that follow.  Figure 13.10 Refer to Figure 13.10. The monopoly profit-maximizing number of subscribers and price are ________ and ________, respectively.

With free trade, the demand curve facing a small-country monopolist:

a. is horizontal at the world price. b. shifts upward by the amount of imports demanded. c. shifts downward by the amount of imports demanded. d. is horizontal at the firm's MC.

A production possibilities curve with quantities of clothing and food on the axes shows which of the following?

I. A society cannot have an unlimited amount of each good. II. For an efficient society, an increase in clothing production will necessitate a decrease in food production. III. A society will always produce the maximum amount of both clothing and food. A) I only B) II only C) III only D) Both I and II