If an average cost pricing rule is imposed on the firm in the figure above, the deadweight loss will be

If the estimates of the coefficients of interest change substantially across specifications,

A) then this can be expected from sample variation. B) then you should change the scale of the variables to make the changes appear to be smaller. C) then this often provides evidence that the original specification had omitted variable bias. D) then choose the specification for which your coefficient of interest is most significant.

The behavior of an individual perfectly competitive firm has a perceptible influence on the market price

a. True b. False Indicate whether the statement is true or false