If a monopolist finds that at the present level of output marginal revenue exceeds marginal cost, the firm should: shut down. expand output. maintain the current output. reduce output (but still produce). raise prices.

The framers of the us constitution created a system of government that established branches of government set forth the powers of such a branches and placed limits on those powers what are the benefits of such a system? are there any problems associated with such a system?

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

Which of the following is considered part of a country’s infrastructure?