In the above figure, which point corresponds to an increase in human capital?

Two heavy equipment manufacturers might collude in an effort to do all of the following except one. Which is the exception?

a. determine a more advantageous price and quantity b. prevent new entry into the market c. take advantage of the legal benefits that U.S. cartels receive d. increase their combined profits e. predict the behavior of other competitors in the heavy equipment market with greater certainty

A less developed country can increase its capital stock by

a. raising taxes on purchases of capital goods b. temporarily accepting unusually high unemployment rates c. reducing government spending d. shifting resources away from production of consumer goods and toward production of capital goods e. providing more opportunities for individuals to spend their accumulated savings