Par value is the Rate of interest to be paid on a bond, Increase in the market v

Question

Par value is the Rate of interest to be paid on a bond, Increase in the market value of an asset. Amount to be repaid when the bond is due. Same as the risk premium on a bond. In game theory, a Nash equilibrium is an outcome in which each player is doing his best given the strategies chosen by the other players. an outcome in which no player wishes to change her chosen strategy given the strategies chosen by the other players. the outcome that occurs when all players have a dominant strategy. All of the above are correct. One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where marginal cost equals price, while a monopolist produces where price exceeds marginal cost. marginal cost equals price, while a monopolist produce, where marginal cost exceeds price. price exceeds marginal cost, while a monopolist produce, where marginal cost equals price. marginal cost exceeds price, while a monopolist produce, where marginal cost equal, price. Efficient production is represented by which point(s)? J, K, N K, N L, M K, M, N

Explanation / Answer

c d a. A perfectly competitive frim is price taker and produces where P = MR = MC while a monopolist produces where MR = MC and also AR or Price is more than MC for profit motive. b. Efficient production is on the PPC. Points inside PPC shows less than efficient use while points outside PPC ar unattainable.

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