A price searcher can move its marginal revenue curve closer to its demand curve if it can
A) achieve significant economies of scale.
B) charge different buyers different prices for the same good.
C) price at the point of unit demand elasticity.
D) produce at constant marginal cost.
E) set marginal revenue equal to marginal cost.
B
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If the desired amount demanded is greater than the desired amount supplied, then:
a. Business inventories could be rising or falling, depending on how they are valued. b. Business inventories are falling. c. Increases in residential construction are usually the reason, because they are measured at the end of each period. d. It is impossible for demand to be greater than supply, because supply limits demand. e. None are correct.
If the Fed buys more bonds from the public, then the money supply will:
A. Decrease and the aggregate demand curve will shift to the right. B. Increase and the aggregate demand curve will shift to the right. C. Increase and the aggregate demand curve will shift to the left. D. Decrease and the aggregate demand curve will shift to the left.