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Expected Interest Rate Rate of R&D Cost of Funds Return (% ) ($M) % ) 12 20 12 10 40 12 8 60 12 6

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Expected Interest Rate Rate of R&D Cost of Funds Return (% ) ($M) % ) 12 20 12 10 40 12 8 60 12 6 80 12 4 100 12 If we plotted the given data on a graph with R&D expenditures on the horizontal axis, the Multiple Choice O interest-rate cost-of-funds curve would be a vertical line. O interest-rate cost-of-funds curve would slope downward. O expected-rate-of-return curve would slope downward. O expected-rate-of-return curve would be a horizontal line.Answer the question on the basis ofthe accompanying table, which shows the demand schedule facing a nondiscriminating monopolist. The profit-maximizing monopolist will sell at a price Multiple Choice 0 of$15. of$3 that cannot be determined with the information provided. 0 O of$3

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