A single-price pure monopoly is economically inefficient: Group of answer choices only because it produces beyond the point of minimum average total cost. only because it produces short of the point of minimum average total cost. because it produces beyond minimum average total cost and marginal cost is greater than price. because it produces short of minimum average total cost and price is greater than marginal cost.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.

What is the difference between the contractual interest rate and the market interest rate?