In the figure above, if pizza production is restricted to 5,000 pizzas a day, then marginal benefit ________ marginal cost, and ________ occurs

Rising nominal GDP will increase the demand for money and short-term interest rates

Indicate whether the statement is true or false

The behavior of the monopolistic firm:

a. maximizes the benefits to consumers, given the resources available to the economy. b. reduces output in order to raise prices in the short-term c. results in excess capacity and inefficiency. d. both b and c