A firm will shut down in the short run if revenue is not sufficient to cover its variable costs of production

In a multiplayer game where there are two equally-enjoyable choices of what to do, and everyone wants to do what everyone else is doing, only one Nash equilibrium is stable

Indicate whether the statement is true or false

The Federal Reserve considers any business with less than __________ employees to be "small."

A) 10 B) 100 C) 500 D) 1500