Which of the following statements regarding a monopolist is false? a. the marginal revenue cure lies below the demand curve for the monopolists output. b. unlike a perfectly competitive firm a monopolist faces little or no competition. c. the monoplist sets price equal to marginal cost to maximize profit. d. the monopolist may or this not earn positive economic profit.

How did lani lazzari show her investors she was a good investment? (site 1)

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.