The Monetary impact of ATMs: did not change the demand for cash, as ATMs do not affect public spending habits. increased the demand for cash because it made cash easier to get. did not change the demand for cash because it is proportional to the price level. decreased the demand for cash because it reduced the cost of moving from other assets into cash.

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.$