Exhibit 7-12 Marginal revenue and cost per unit curves
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As shown in Exhibit 7-12, if the price is OD, the firm's total revenue at its most profitable level of output is:

Both the precautionary and asset demand for money are influenced by

A) the U.S. Treasury. B) the interest rate. C) gold prices. D) none of the above.

Under which of the following monopoly pricing methods is the average price paid by a consumer equal to the marginal willingness to pay by that consumer:

A. First degree price discrimination B. Second degree price discrimination C. Third degree price discrimination D. Both (a) and (b) E. Both (b) and (c) F. Both (a) and (c) G. All of the above H. None of the above