Suppose that in each of four successive years producers sell more of their product and at lower prices. This could be explained rev: 05_07_2018 Multiple Choice by small annual increases in demand. in terms of a stable supply curve and increasing demand. in terms of a stable demand curve and increasing supply. as an exception to the law of supply.

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account