If a perfectly competitive firm and a perfectly price-discriminating monopolist face the same demand and cost curves, then a. the competitive firm will attain resource-allocative efficiency, but the monopolist will not. b. the competitive firm will attain resource-allocative efficiency, but the monopolist may or may not, depending upon the demand for its product. c. the competitive firm will not attain resource-allocative efficiency, but the monopolist will. d. both the competitive firm and the monopolist will attain resource-allocative efficiency. e. neither the competitive firm nor the monopolist will attain resource-allocative efficiency.

John's pizzeria and equilibrium john is selling his pizza for $6 per slice in an area of high demand. however, customers are not buying his pizza. using what you learned about the principles of equilibrium, write three to four sentences about how john could solve his problem.

Kim davis is in the 40 percent personal tax bracket. she is considering investing in hca(taxable) bonds that carry a 12 percent interest rate. what is her after- tax yield(interest rate) on the bonds?

Amanufacturing firm is considering overhauling the existing compensation strategy. currently every front line employee who works on the assembly line earns the same hourly wage. ideally, management would like to institute a new pay system that involves pay-for-performance. which of the following recommendations is both consistent with scientific management's general emphases and generally good advice for management of this firma. the firm should adopt a differential pay system with one pay level for average performance, and a higher level for good performance. b. the firm should adopt a differential pay system, but the firm should modify it from its original design and provide many different levels of pay associated with different performance levels. c. the firm should understand worker psychology and to focus on pay as the key motivator. d. all of the abovee. none of the above