Monetarists directly study the link between money and economic activity using

If two duopolists can stick to a cartel agreement to boost their prices, then both

A) earn greater profits than if they did not collude. B) price at marginal cost. C) price below average total cost. D) decrease their economic profits. E) increase their production so that each produces more than if they did not collude.

Damage from floods and hurricanes which destroy a large portion of this year's crop of oranges will definitely make oranges more price inelastic in supply

Indicate whether the statement is true or false