When indifference curves are downward sloping, the marginal rate of substitution is usually constant

If two duopolists can collude successfully, then both will

A) earn greater profits than if they did not collude. B) price at marginal cost. C) price below average total cost. D) lower their economic profits.

The use of sensitivity analysis will generally result in

A) the calculation of a certainty equivalent NPV. B) the calculation of a best case, a base case and a worst case. C) the calculation of the coefficient of variation. D) the calculation of the probability of the maximum profit.