Overseeing who operates banks and how they are operated is called

A) prudential supervision.
B) hazard insurance.
C) regulatory interference.
D) loan loss reserves.

A

Economics

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If a firm shuts down in the short run

A) it will lose its operating costs. B) its losses will be equal to zero. C) it will incur its fixed costs. D) it will incur only its explicit costs.

Economics

In this situation the monopoly's profit maximizing output level is:

a. 0.2. b. 0.4. c. 0.5. d. 0.7.

Economics