In maximizing profits, a single-price monopolist will charge a price that is

a. less than marginal cost.

b. equal to marginal cost.

c. greater than marginal cost.

d. there is not enough information to answer the question.

Donald and Candice sell their home for $695,000, incurring selling expenses of $30,000. They purchased the residence for $125,000 and made capital improvements totaling $20,000 during the 20 years they lived there.

When writing a research-based literary analysis, what is the most important step after reading the poem or novel very carefully? A. locating online databases that center on literature B. developing keywords for online searches C.

Each firm can produce at most one car. Suppose the market for electric cars is competitive. Why is the equilibrium price in this market $5050 ,000? A.

The business plan has two main purposes: Select one: a. it guarantees success and can be used to easily secure financing. b. provides a document customers can review; used as a production tool. c.

Changes in the price of meat will affect the amount purchased at grocery stores. Which term is used to describe this situation

One practical reason that economists use percentages to measure elasticity is: a. that more complicated calculations tend to be more accurate b. to convert elasticities to the dollar units c. to convert units to the metric system d.

Sometimes, while on the job at dairy king, jimmy forgets to ask, "do you want fries with that?" when customers order burgers. the fact that some customers are surprised by jimmy's behavior can be explained by

Which of the following is the least risky? collectables, stock, savings bond, or savings account?

Strength unhappy inchworm reread restless comfortable

If a country has a rising middle class what does this social change mean for business? A: there will be more people with discretionary income creating business opportunities.