A monopolistic competitor incurs an average total cost of $20 while producing the profit-maximizing output of 900 units. If the profit earned by the monopolist $1,800, the price per unit of output is _____

The table above shows the marginal costs and marginal benefits of college education. If the market for college education is perfectly competitive and unregulated, at the equilibrium quantity, the marginal social benefit is

A) zero. B) $14,000. C) $19,000. D) $16,000.

The new GATS and TRIPS are separate agreements negotiated within the WTO framework as part of the Uruguay Round that apply to

A) services and aircraft. B) services and transportation. C) agriculture and textiles. D) services and intellectual property. E) textiles and transportation.