Please note that the following questions are multiple choice questions:

1. If a monopoly is operating on the demand curve where price elasticity is equal to -3, and price equals 3, then MR is equal to?
2. For a monopoly market, if the Lerner Index is 2, then
3. Which of the following measures are government regulations to increase competition?
4. If the demand shifts, then for a profit maximizing monopolist
5. When a monopoly is maximizing its profits,
6. If a monopoly is operating on the demand curve where price elasticity is equal to -3, and MR equals 2, then price is equal to
7. For a profit maximizing monopolist, if the MC = 10 and price is set to be 20, then the elasticity at this price is
8. If a firm is able to set price,
9. If a monopoly is operating on the demand curve where price elasticity is equal to -3, and price equals 3, then MR is equal to