The allocatively efficient quantity of widgets for the whole market is 10 million units. At that quantity, the demand for widgets is at $10. However, the single supplier of widgets is producing 5 million units and charging $20 per widget. Based on this data, the market for widgets is a monopoly
an oligopoly
productively efficient
operating at minimum efficient scale
experiencing economic losses

Ahypothesis test is conducted with a significance level of 5%. the alternative hypothesis states that more than 65% of a population is right-handed. the p-value for the test is calculated to be 0.03. which of the following statements is correct? we can conclude that more than 3% of the population is right-handed. we cannot conclude that more than 65% of the population is right-handed. we can conclude that more than 65% of the population is right-handed. we can conclude that exactly 3% of the population is right-handed. there is not enough information given to make a conclusion.