An unregulated pure monopolist will maximize profits by producing that output at which:

The hot stove method of discipline includes which of the following?

a. a warning b. immediate discipline/consequence c. consistent application d. all of the above

Assume that Coca-Cola and Pepsi-Cola are substitutes. A rise in the price of Coca-Cola will have which of the following effects on the market for Pepsi?

a. A movement down along the Pepsi demand curve. b. A rightward shift in the Pepsi demand curve. c. A movement up along the Pepsi demand curve. d. A leftward shift in the Pepsi demand curve.