Prior to its stock market crash, Japan enjoyed strong economic growth. However, the country also faced economic risk because

a. lower loan rates encouraged greater competition.
b. lower consumer demand prompted further lending.
c. international trade greatly increased domestic inflation.
d. its banking system was overburdened with bad loans.
e. overemployment led to declining wages.

Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility.output for facility 1: output for facility 2: c. determine the profit-maximizing price.$