In the Chilean government case study, the government used complete enumeration to find the optimal solution for deciding meal providers to schools

Indicate whether the statement is true or false

FALSE

Business

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Trying to find the most profitable price and quantity to produce:

A. requires average-cost pricing. B. requires an estimate of the firm's demand curve. C. is easy once the average fixed cost is known. D. is only sensible if demand estimates are exact. E. All of the above are true.

Business

In exclusive dealing, a producer may agree not to sell to other dealers in a given area

Indicate whether the statement is true or false

Business