In what year was the Federal Reserve System created?

In the above figure, the competitive unregulated equilibrium is producing and consuming ________ tons of paper at a price of ________ per ton

A) 100; $150 B) 100; $100 C) 100; $50 D) 200; $100

Which of the following describes monopolistic competition?

A) homogeneous products B) P = MR = MC C) Advertising plays a key role. D) There is only one seller in the industry.