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NEW QUESTION: 1
Under a monopoly, in equilibrium
A. the demand curve is likely to be tangent to the average total cost curve.
B. the demand curve is likely to be above the average total cost curve.
C. the marginal revenue curve is likely to be above the average total cost curve.
Answer: B
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. May contains flow charts
B. Used to join tables
C. May use in calculation views
D. Used in diagrammatic Projections
E. May contain filters
Answer: B,C,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. using a thicker piece of paper
B. using only pastel shades of paper
C. wetting the paper before burning
D. increasing the oxygen around the paper
E. putting the burning paper in a closed container
Answer: D
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