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NEW QUESTION: 1
Assume that Company B is the only producer of breakfast cereal. If at the current level of production, the marginal revenue for a box of cereal is $2.50 while the marginal cost is $2.00, we would expect
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A. raise the price of a box of cereal.
B. increase the level of production.
C. hold the level of production constant.
Answer: B
Explanation:
The monopolist will continue to increase production as long as marginal revenue is greater than marginal cost.
NEW QUESTION: 2
The vSphere Data Protection performance analysis results in the "Conditionally Passed" status.
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A. The read and write tests were successful but the seek test skipped.
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C. The read and write tests were successful but the seek test failed.
D. The read, write, and seek tests were successful.
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