An oligopolist does not spend money on advertising because consumers are rational in an oligopolistic market

A consumer is said to be indifferent between two consumption bundles

A) when the consumer doesn't care about his or her consumption bundle. B) when the two bundles provide equal amounts of utility. C) when the consumer chooses the bundles equally often. D) when the consumer is indecisive.

An increase in labor supply will increase the equilibrium wage rate

a. True b. False