The demand for a monopoly's output is p = 200 - Q. The monopoly's production function is Q = 2L, and the market wage is $4. How many units of labor will the monopolist employ at its profit maximization level of output?

An example of an automatic stabilizer is

A) unemployment compensation. B) a newly enacted surtax to slow down an overheated economy. C) a horizontal aggregate supply curve. D) a change in the marginal tax rates.

An increase in quantity demanded is a movement along a fixed demand curve caused by a shift in the supply curve.

a. true b. false