The sensitivity of bank capital to market interest rates is measured by

There are a few firms in the automobile industry in Poorland. In order to prevent a price war, these firms have secretly agreed to charge a price 20% above the marginal cost of production. This is an example of ________

A) free riding B) undercutting C) collusion D) cost-cutting

A firm that generates zero economic profit usually has

A) negative business profit. B) zero business profit. C) positive business profit. D) business profit equal to half the total revenue.