For a given nominal exchange rate and foreign price level, a decrease in the domestic price level ________ the real exchange rate.

Suppose that a regulatory agency has imposed marginal cost pricing on a natural monopolist. We expect that

A) the firm will earn only a normal profit. B) the firm's average total cost of production is rising over the relevant range of production. C) the firm will earn economic profits. D) the firm will eventually go out of business.

Actions that allow oligopoly firms to coordinate their pricing behavior without explicit collusion are referred to as _____

a. strategic behavior b. differential pricing strategies c. facilitating practices d. duopoly price discrimination mechanisms e. independent practices