Use the following table to answer the next question.Interest RateAsset Demand for Money (billions)7%$0610052004300If the money supply equals $300 billion dollars and the transaction demand for money equals $200 billion dollars, the equilibrium interest rate is

If a pure monopolist is operating in a range of output where demand is elastic:

A. it cannot possibly be maximizing profits. B. marginal revenue will be positive but declining. C. marginal revenue will be positive and rising. D. total revenue will be declining.

Maximizing surplus in a market depends not only on the amount bought and sold, but also on:

A. what those consumers do with it. B. how productive the sellers are. C. who buys and sells it. D. None of these statements is true.