If the percentage change in quantity supplied is 10%, and the percentage change in price is 10%, then the supply for the good is

Refer to Table 17-4. What are the price and quantity of workers that result in the maximum amount of revenue Apple would earn from selling iPods?

A) $120; 4 B) $120; 2 C) $180; 1 D) $140; 2

Predatory pricing will be most effective when the costs structures of the firms in an industry, including potential entrants into the market, are identical or at least very similar

Indicate whether the statement is true or false