Game theory is a model for describing oligopoly price decisions among firms that are:

A consumer has a monthly income of $100 that he wants to spend on two goods: rugs priced at $10 and chairs priced at $5

What is the consumer's opportunity cost of buying a rug? What is his opportunity cost of buying a chair? Use a table to represent the consumer's budget constraint.

Financial innovation has caused

A) banks to suffer declines in their cost advantages in acquiring funds, although it has not caused a decline in income advantages. B) banks to suffer a simultaneous decline of cost and income advantages. C) banks to suffer declines in their income advantages in acquiring funds, although it has not caused a decline in cost advantages. D) banks to achieve competitive advantages in both costs and income.