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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. May contains flow charts
B. May use in calculation views
C. Used in diagrammatic Projections
D. Used to join tables
E. May contain filters
Answer: B,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. using a thicker piece of paper
C. wetting the paper before burning
D. using only pastel shades of paper
E. increasing the oxygen around the paper
Answer: E
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