Refer to the figure shown, which represents the production possibilities frontiers for Countries A and B. The slope of Country A's production possibilities frontier is ________, and Country B's is ________.

Best-response functions

a. can only be used to analyze games with continuous actions. b. are always downward sloping. c. always intersect at Nash equilibria. d. never intersect.

Under a monopoly, resources are misallocated such that

A) too few resources are used in other industries, and too many are used by the monopoly. B) too few resources are used by the monopoly, and too many are used elsewhere. C) resources are being used as efficiently as possible only by the monopoly. D) consumers are being forced to pay a price below the MC of the monopolist.