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NEW QUESTION: 1
Under a monopoly, in equilibrium
A. the demand curve is likely to be above the average total cost curve.
B. the demand curve is likely to be tangent to the average total cost curve.
C. the marginal revenue curve is likely to be above the average total cost curve.
Answer: A
Explanation:
Under a monopoly, the demand curve is likely to be above the average total cost curve and the monopolist will earn positive economic profits.
NEW QUESTION: 2
What is an attribute view and what are its practices?
There are 3 correct answers to this question.
Choose:
A. Used in diagrammatic Projections
B. May contains flow charts
C. May contain filters
D. May use in calculation views
E. Used to join tables
Answer: C,D,E
NEW QUESTION: 3
Burning paper requires the chemical combination of oxygen in the air with the material composing the paper. Which would cause the paper to burn faster?
A. putting the burning paper in a closed container
B. wetting the paper before burning
C. using a thicker piece of paper
D. increasing the oxygen around the paper
E. using only pastel shades of paper
Answer: D
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CIPP-C Exam Topics
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