Amonopoly produces output up to the point where
a. demand equals marginal cost and charges the price indicated by the demand curve.
b. marginal revenue equals marginal cost and charges the price indicated by the marginal revenue curve.
c. marginal revenue equals marginal cost and charges the price indicated by the demand curve.

Sara bought 12 3/4 cakes sara's friends ate 3/8 how much cake is left

Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?

Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.