Property taxes are the main source of funding for public schools

In a Duopoly Nash-Cournot equilibrium,

A) neither firm has an incentive to change its output level given the other firm's output decision. B) firms will choose the pair of quantities above the intersection of the two best response functions. C) firms will choose the pair of quantities below the intersection of the two best response functions. D) firms will choose its quantity regardless of the other firm's output decision.

A production indifference curve shows all combinations of input quantities capable of producing a given quantity of output

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