Because the demand curve for a monopolist is downward sloping: there is no limit on the monopolist’s ability to make a profit. the monopolist can sell its product at any price it wants. the monopolist can sell as many units of its product as it wants. the monopolist is a price-taker. the monopolist has many price-output combinations.

2. you take $100 you had kept under your mattress and deposit it on your bank account. if this $100 stays in the banking system as reserves and if banks hold reserves equal to 10% of deposits, by how much does the total amount of deposits in the banking system increase? by how much does the money supply increase?

Last year, western corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. the firm received $40,000 in dividend income and paid $200,000 in interest on loans. also, western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. what is the firm's tax liability?

Why is investing in a mutual fund less risky than investing in a particular company’s stock?