Which of the following is true about the demand curve facing the dominant firm?
A) It equals market demand minus fringe firms' supply curve.
B) It is identical to market demand.
C) It equals market demand minus demand facing the fringe firms.
D) It is horizontal.
A
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The table below shows how the payoffs to two political candidates depend on whether the candidates run a positive or negative campaign. The payoffs are given in terms of the percentage change in the number of votes received. 
In the Nash equilibrium of this game:
A. both candidates run negative campaigns. B. one candidate runs a positive campaign, and the other runs a negative campaign. C. as long as one party runs a positive campaign, the other does too. D. both candidates run positive campaigns.
The gross domestic product (GDP) concept accounts for society's valuation of the relative worth of goods and services by using a ________.
A. utility measure B. monetary measure C. measure of volume D. measure of physical weight
The ______ is defined as the percentage of the population earning less than a certain threshold.
a. poverty line b. working poor c. lowest quintile d. poverty rate
From 1983-2011, net exports for the US
What will be an ideal response?