Refer to the graph below showing the revenue curves for a monopolist. If it wants to sell quantity Q1, it must charge a price:

Refer to Table 9-12. If the actual terms of trade are 1 belt for 1.5 swords and 50 belts are traded, how many swords will Morocco gain compared to the "without trade" numbers?

A) 0 B) 15 C) 60 D) 75

A noncooperative game situation may occur when

A) firms collude. B) firms find collusion too costly. C) firms merge. D) firms agree to price fixing.