In the Cournot equilibrium, each firm assumes that the other's ________ is/are being held constant.

At the end of the day, Gracia's Pizza looks into the cash register to count up the day's total revenue. Another way of calculating its total revenue would be to find

a. price × average revenue b. price × marginal revenue c. price × quantity d. marginal revenue × average revenue e. marginal revenue × marginal cost

There is statistical evidence that managers' salaries are tied most closely to

a. profits at the profit-maximizing output. b. sales volume. c. cost per unit at minimum-cost output. d. the closeness of output to the point where MR = MC.