QUESTION 22 2.5 points To maximize profits a monopoly must produce where marginal revenue curve is equal to average total cost curve. O True False QUESTION 23 2.5 points Sa A binding minimum wage (price floor) above the equilibrium creates a surplus of labor. True False 2.5 points Save QUESTION 24 Scarcity means that there is less of a good or resource available than people wish to have. True False 25 points Seve QUESTION 25 Save All Answers Save and Su Click Save and Submit to save and submit. Click Save All Answers to save all answers MacBook

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