A perfectly competitive firm is allocatively efficient because price is identical to marginal cost at every quantity

a. True
b. False

B

Economics

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Many college football teams require a "donation" in order to purchase season tickets. This is an example of

A) price gouging. B) tie-in sale. C) two-part pricing. D) anti-competitive behavior.

Economics

The maximum increase in the money supply possible from a deposit of $D into the banking system where R is the reserve requirement is

A. (1 / R)(D? R). B. RĂ— D. C. (1 / R)(1 ? R)D. D. (1 / R)D.

Economics