Figure 18.1Refer to Figure 18.1. The opportunity cost of hang gliders in the United States is:

A strategy of setting price below the monopoly profit-maximizing price but at the highest level that will still result in a loss for a potential entrant into the market is known as

A) entry pricing. B) contestable pricing. C) limit pricing. D) unlimited pricing.

Intermediate goods and services are excluded in the calculation of GDP

Indicate whether the statement is true or false