A ________ is a plan by one firm to price a good at marginal cost forever if the other cheats on an agreement
A) pure strategy
B) grim strategy
C) patent
D) collusion
B
Economics
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In the long run, an increase in FDI in the manufacturing sector will:
a. increase marginal product of labor in the agriculture sector. b. increase marginal product of labor in the manufacturing sector. c. decrease marginal product of labor in the agriculture sector. d. not change the marginal product of labor in either sector
Economics
A federal budget ________ occurs when the federal government spends more than it collects in taxes
A) ceiling B) deficit C) surplus D) equilibrium
Economics