Revenue and cost per unit $30 2030 20 _ ___ 1B 0 6'2 33 104 Quantity Refer to Figure 15-6. In the long run, the monopolist earns a positive economic prot. O True O False I IEHIL 1.4.! U Revenue and cost per unit $30 24- 22 20.80 g 20 n.n.n.n.n.n.n.n.n.n.n.n.n.nu...n. 18 2m: 0 6'2 33 164 Ouantily Refer to Figure 15-6, compared with the perfectly competitive rm, the prot maximizing monopolist produces 21 less units and charges $2 more per unit. 0 True 0 False QUEEN on 0 4 DIS Price and cost MF? 0 750 1,100 1,350 1 ,800 Quantity Referto the above Figure 12-11. In the long run, the rm in a perfectly competitive market will produce 750 units and earn zero economic prot. 0 True 0 False QUEEN on 0 4 DIS Price and cost MF? 0 750 1,100 1,350 1 ,800 Quantity Referto the above Figure 12-11. In the long run, the rm in a perfectly competitive market will produce 750 units and earn zero economic prot. 0 True 0 False Question 21 2 pts Figure 10-10 CDs 30 24 BC2 12 BC 0 6 10 12 DVDS Refer to Figure 10-10.If the consumer has $240 to spend on DVDs and CDs and the budget constraint is BC2, then the price of a CD is $8. O True O FalseFigure 2-5 shows the Production Possibilities Frontier (PPF) for a country which produces only steel and paper. Paper (millions of tons) 11 W 9 X 4 ..... 14 16 19 20 Steel (millions of tons) Refer to Figure 2-5. If the economy is currently producing at point Y, the opportunity cost of moving to point W is 0 million tons of paper. True O FalseQuestion 17 2 pts Figure 2-4 shows various points on three different production possibilities frontiers for a nation. Food products Plastic products Refer to Figure 2-4. A movement from Y to X is the result of advancements in food producon technology and a change in the technology to produce plastics. 0 True 0 False