One of the surprising conclusions of many of the noncooperative models of oligopoly is that firms end up better off with the noncooperative outcome than they would by cooperating with one another

The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. The equilibrium level of real GDP is

A) $700 billion. B) $500 billion. C) $800 billion. D) $900 billion. E) $100 billion.

A successful trademark is one that becomes a generic name for a product, for example, "Kleenex" has become a generic term for tissues

Indicate whether the statement is true or false