g Which of the following is NOT true regarding​ monopoly? A. Monopoly is the sole producer in the market. B. A monopolist can charge as high a price as it likes. C. The monopoly price is determined from the demand curve. D. A monopoly demand curve is downward sloping.

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

Martha is one producer in the perfectly competitive jelly industry. last year, martha and all of her competitors found themselves earning economic profits. if there is free entry and exit, what do you expect to happen to the number of suppliers in the industry and the price of jelly? the number of suppliers will increase, and the price of jelly will fall. the number of suppliers will decrease, and the price of jelly will increase. the number of suppliers will increase, and the price of jelly will increase. the number of suppliers will decrease, and the price of jelly will fall.

Security prices are set by active market participants. which of the following is not a consequnce of this fact? a. the market price will be set by the buyer who can take best advantage of the asset. b. the price is set by the buyer willing to pay the highest price. c. superior information about an asset can increase its value by reducing its risk. d. market participants have a strong incentive to reveal private information about a security.