The break-even quantity is
a. 3000
b. 600
c. 500
d. 300
a
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Refer to the figure below. In this game, the dominated strategy for Player A: 
A. will depend on Player B's move. B. is to play down. C. is to play up. D. is to cooperate with Player B.
The following is not associated with bid-rigging
a. bid-riggers bidding their true value b. "knockout" auctions c. bid rotations d. amnesty to the first conspirator willing to testify against fellow conspirators
The argument for using protectionism to bring about industrialization in developing countries presumes that gains will occur because the industry will become internationally competitive.
a. true b. false
A minimum wage is the:
A. highest wage that a firm is legally obligated to pay its non-skilled labor. B. prevailing wage for low-income workers in a nation. C. lowest wage that a firm is legally allowed to pay its workers. D. wage every high school dropout will earn if they are employed.