This study source was downloaded by 100000795595607 from CourseHero.com on 04-08-2024 03:58:59 GMT -05:00 https://www.coursehero.com/file/164526806/Econ-Quiz-56docx/ a. 21 Average revenue b. 8 Margin ...

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This study source was downloaded by 100000795595607 from CourseHero.com on 04-08-2024 03:58:59 GMT -05:00
https://www.coursehero.com/file/164526806/Econ-Quiz-56docx/ a.
21 Average revenue
b.
8 Marginal revenue
c.
Both a and b
d.
9 None of the above
c. Both a and b
10 In equilibrium the typical investor __________
c. is indifferent between buying low and high risk assets
334 Profits of a monopoly are driven to zero
a. In the long run because the assets eventually move from low to high valued use
A risk premium is
a. the difference between the earnings of a low risk asset and a high risk assetb. premium paid to
a security holder to compensate him for b