When all players are choosing their best strategies on the assumption that their opponents are doing likewise, the outcome is called:

What happens to the aggregate demand curve in the United States if the exchange rate increases so that U.S.-made products become more expensive?

What will be an ideal response?

If the natural monopoly shown in the figure above is unregulated, then consumer surplus will be

A) $0. B) $4 million. C) $8 million. D) $16 million.