If firms adopt a strategy that triggers a permanent punishment, the result in an indefinitely repeated game is

________ in the foreign interest rate causes the demand for domestic assets to increase and the domestic currency to ________, everything else held constant

A) An increase; appreciate B) An increase; depreciate C) A decrease; appreciate D) A decrease; depreciate

A firm's implicit costs are

a. its maintenance costs b. its paid-out costs of production c. its main source of executive costs d. irrelevant to the determination of economic profit e. opportunity costs of production that do not involve money outlays