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

Suppose the population (age 16 and over) of Angola is 100 million; 5 million are unemployed, and 70 million hold jobs. The labor force participation rate in Angola is

a. 5 percent. b. 65 percent. c. 70 percent. d. 75 percent.

Movie theaters charge lower prices to see a movie in the afternoon than in the evening because there is an:

A. elastic demand to see movies in the afternoon. B. elastic demand to see movies in the evening. C. inelastic supply of movies in the evening. D. inelastic demand to see movies in the afternoon.