A Monopolist Always ________ If Its ATC Schedule Is Everywhere

question 47

Multiple Choice

A monopolist always ________ if its ATC schedule is everywhere above its demand schedule.

• A) shuts down
• B) breaks even
• C) suffers a loss
• D) earns a positive profit

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Definitions:

Stimulants

A category of drugs that speed up activity in the central nervous system, suppress appetite, and can cause a person to feel more awake, alert, and energetic; also called “uppers.”

Nervous System

The complex network of nerves and cells that transmit signals between different parts of the body, facilitating bodily functions and responses to the environment.

Depressants

A category of drugs that decrease activity in the central nervous system, slow down bodily functions, and reduce sensitivity to outside stimulation; also called “downers.”

Kidney Functioning

The process by which the kidneys filter and remove waste products and excess fluids from the blood, while also regulating electrolyte balance and blood pressure.