Suppose a patent is granted for a product that has the linear demand curve P = a - b Q. The constant marginal cost of producing this product is $50 per unit, a unit sells for $150, and consumers purchase 100 units of the good at that price. If the monopoly is maximizing profit, b equals

A) 1.
B) 1.5.
C) 2.
D) 2.5.

Economics

In absolute value, the tax multiplier is greater than the government purchases multiplier

Indicate whether the statement is true or false

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Economics

Which of the following assets is most liquid?

A) money B) bond C) savings account D) stock

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Economics