________ is the notion that there is a limit to the information that an economic agent, such as a manager, can comprehend and act on

Along the long-run Phillips curve, the unemployment rate ________, and the inflation rate ________

A) can be any value; is equal to the natural inflation rate B) is equal to the natural unemployment rate; is equal to the natural inflation rate C) is equal to the natural unemployment rate; can be any value D) can be any value; can be any value E) None of the above answers is correct.

AutoCorp faces a demand of P = $30,000 ? 5 Q for its primary line of sporty mini-cars in Little Rock. The marginal cost of producing the car is $8,000. Discuss the implications of selling the new mini-car through its own dealership or through the local dealer: MiniMart.

What will be an ideal response?