In a situation of mutual interdependence and identical products, managers of oligopolistic firms ________ attempt to differentiate their product to earn ________ economic profit.

What does a point inside the curve of a PPC indicate?

a. all resources are fully employed b. not all resources are fully employed c. employees are stealing d. workers have sabotaged machinery

A commitment

A) is a promise. B) is a contractual arrangement between parties. C) is when one party states that they will not play a game that ends in a prisoner's dilemma. D) is when a party states that they will engage in a certain type of behavior regardless of what others do.