For a downward-sloping demand curve, marginal revenue decreases as quantity sold increases

In 2008, a former Intel engineer has been charged with stealing trade secrets worth $1 billion. Intel owns 90 percent of the worldwide market for microprocessors, AMD has the rest. The microprocessor market is most like an example of

A) monopoly. B) oligopoly. C) perfect competition. D) monopolistic competition.

If the actual capital stock exceeds the desired capital stock due to a cycle of overbuilding, then

A) net investment will fall dramatically. B) net investment will increase dramatically. C) net investment will not change. D) the effect on net investment is unknown.