If a company owns plants at various stages of the production process, this is called:

If a monopoly charges higher prices to consumers who buy smaller quantities than to consumers who buy larger quantities, then

A) consumer surplus is larger than under single-price monopoly. B) social welfare is larger than under perfect competition. C) the monopoly's profits are larger than under single-price monopoly. D) the monopoly's profits are larger than under perfect price discrimination.

When a country has a large amount of dead capital

A) there is too much political freedom. B) there is a large amount of economic growth. C) large amounts of capital will be inefficiently employed. D) a country's exports increase.