Game theory is used to explain the pricing behavior of

Which of the following statements is TRUE?

A) APC + APS = 1 B) APC + APS < 1 C) APC + MPS = 1 D) APC + APS + MPC + MPS = 1

An increase in a per unit production subsidy ______ supply.

Fill in the blank(s) with the appropriate word(s).