Refer to Figure 4-10. With rent control, the quantity supplied is Q1. Suppose apartment owners ignore the law and rent this quantity for the highest rent they can get. What is the highest rent they can get?

A decrease in the price level results in a(n) ________ in household consumption spending and a(n) ________ in investment spending

A) increase; increase B) decrease; increase C) increase; decrease D) decrease; decrease

In the payoff matrix:

A.  both firms have a dominant strategy.
B.  neither firm has a dominant strategy.
C.  Alpha has a dominant strategy, but Beta does not.
D.  Beta has a dominant strategy, but Alpha does not.