Refer to the payoff matrix below. Which of the following is true for Best Lights?
A) They do not have a dominant strategy.
B) Their pure strategy is to set a Low Price.
C) They do not have a pure strategy.
D) Their pure strategy is to set a High Price.
B) Their pure strategy is to set a Low Price.
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Immigration can either benefit or harm a nation, depending on the following factors, except the:
A. Number of immigrants B. Education, skills, and work ethic of the immigrants C. Rate at which the immigrants can be absorbed by the society D. Blank
The aggregate production function is the relationship between the
a. total cost of labor and the quantity of output in the economy b. total cost of labor and the total real cost of inputs c. quantity of labor employed in the economy and the total quantity of output produced d. cost of labor and the supply of labor e. quantity of labor and the quantity of capital
The following linear demand specification is estimated for Conlan Enterprises, a price-setting firm:Q = a + bP +cM +dPRwhere Q is the quantity demanded of the product Conlan Enterprises sells, P is the price of that product, M is income, and PR is the price of a related product. The results of the estimation are presented below: 
Assume that the income is $10,000, the price of the related good is $40, and Conlan chooses to set the price of this product at $30. At the prices and income given above, what is the income elasticity?
A. 0.21 B. 0.31 C. -1.62 D. 1.50 E. -0.87
The data on U.S. nominal interest rates and inflation rates tends to:
A. serve as evidence against the Fisher Effect, since nominal interest rates and inflation rates seem to move in opposite directions. B. serve as evidence against the Fisher Effect, since nominal interest rates and inflation rates seem to move in the same direction. C. provide support for the Fisher Effect, since nominal interest rates and inflation rates seem to move in opposite directions. D. provide support for the Fisher Effect, since nominal interest rates and inflation rates seem to move in the same direction.