Suppose it is discovered that consumption of butter leads to a longer life. This information would lead to

Monopolists can make an economic profit in the long-run because of barriers to entry

Indicate whether the statement is true or false

If, during the negotiations between the union and the management a strike occurs, it would be because

a. The union is trying to convince the management that it will stick to its strategy b. The management doesn't believe the union's threat c. All of the above d. None of the above