Barbara is a producer in a monopoly industry. Her demand curve, total revenue curve, marginal revenue curve and total cost curve are given as follows: Q = 160 - 4P
TR = 40Q - 0.25 img
MR = 40 - 0.5Q
TC = 4Q
MC = 4

How much output will Barbara produce?

a. 0
b. 22
c. 56
d. 72
e. none of the above

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a