Refer to Figure 11-6. In the figure above which letter represents the average total cost curve?

Which of the following is true about the game in Scenario 13.2?

A) ABC's dominant strategy is to offer a rebate. B) ABC's dominant strategy is not offer a rebate. C) XYZ's dominant strategy is to offer a rebate. D) XYZ's dominant strategy is not offer a rebate. E) Both ABC and XYZ offer a rebate as a dominant strategy.

The relationship between aggregate expenditures and disposable income is shown by the: a. aggregate expenditures curve

b. consumption function. c. investment curve. d. saving-disposable personal income curve.