With perfect price discrimination, a monopoly can extract the ________ price each customer is willing to pay and thereby obtain the entire ________ surplus

A firm's demand for labor is known as a "derived demand" because:

a. the firm gains utility from hiring more labor. b. the amount of labor hired depends upon how much output the firm can sell. c. the wage rate paid to workers is derived from the market for labor. d. it's derived from the demand for capital.

Fixing the insolvency problem caused by the Great Recession, the government was reluctant to infuse equity into financial institutions because:

a. It would transfer the problem to the government but may not solve the underlying causes. b. Equity infusions had to be funded, and the government already had a major debt problem. c.The government could be accused of nationalizing the U.S. financial system. d. All of the above.