If the economy is on the IS curve, but is to the left of the LM curve, then the ________ market is in equilibrium, but the interest rate is ________ the equilibrium level

Bid-rigging is more likely when

a. auctions are for larger amounts b. auctions are infrequent c. auctions are oral d. auctions are sealed-bid

Technically speaking, maximizing profit means finding the maximum difference between

a. TR and TC b. MR and MC c. price and ATC d. price and AR e. ATC and MC