Suppose the monopolist only sold the goods separately. What prices will the monopolist charge for Good 1 to maximize revenues for good 1?

Deciding if a power company will generate electricity from wind power or coal answers the economic question of

A) what products will be produced. B) where will the products be consumed. C) who consumes the products produced. D) how will the products be produced.

The Keynesian short-run aggregate supply curve is demonstrated graphically as a

A) vertical line. B) horizontal line. C) upward sloping curve. D) downward sloping curve.