The following graph displays four supply curves (HH, II, JJ, and KK) that intersect at point A. 0 2 4 6 8 10 12 14 16 18 20 20 18 16 14 12 10 8 6 4 2 0 PRICE (Dollars per unit) QUANTITY (Units) A B C D E H H J J K K I I Using the graph, complete the table that follows by indicating whether each statement is true or false. Statement True False Between points A and B, curve II is perfectly inelastic. Curve KK is more elastic between points A and C than curve JJ is between points A and D. Between points A and D, curve JJ is inelastic.

Chester has a credit score of 595 according to the following table his credit rating is considered to be which of these

Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do

Which of the following is not a consideration when determining your asset allocation