To increase the money supply, the Fed purchases government securities from banks, paying for them with new reserves

Consider an industry that is in long-run equilibrium. An increase in demand leads to a decrease in the price of the good. We know that this is

A) a decreasing cost industry. B) a constant cost industry. C) an increasing cost industry. D) not a competitive industry.

When colluding oligopolists meet and formally agree on mutually beneficial strategies this is called

a. implicit exclusion b. beneficial inclusion c. reciprocal inclusion d. implicit exclusionary pricing e. explicit collusion