Spending on the structures, equipment, and software that provide the industrial capacity to produce goods and services for all sectors of the economy is called:

In the long run, when there is immigration of labor and all domestic factors of production are mobile:

a. resources move out of the laborintensive industry into the other sectors of the economy. b. the excess labor cannot be absorbed into the economy, and eventually workers will seek to emigrate. c. the excess labor is absorbed, but it raises the unemployment rate and drives down wages, and the owners of capital are the clear winners. d. the capitallabor ratio in each industry is unchanged, and the additional labor in the economy is fully employed.

If firms have different costs and market demand only supports the quantity the incumbent produces, then the incumbent's threat to use limit pricing

A) is credible. B) is not credible. C) would be illegal. D) is unable to be determined with the information given.