__________ are conclusions or judgments about some issue or matter

Actual investment spending does not include

A) spending on consumer durable goods. B) spending on new houses. C) spending on new capital equipment. D) changes in inventories.

An oligopoly is faced with a kinked-demand curve that is relatively elastic above, and relatively inelastic below, the going price, then it will:

A. increase total revenue by increasing price but lower total revenue by decreasing price. B. decrease total revenue by either increasing or decreasing price. C. increase total revenue by either increasing or decreasing price. D. increase total revenue by decreasing price but lower total revenue by increasing price.