A lack of competition among firms usually results in a dead-weight loss. O True O FalseAn action is a dominant strategy when it is a player's best action: 0 A. regardless of the actions by other players. 0 B. given the actions of other players. 0 C. assuming the other players don't correctly anticipate the action. In. none of the above The equation for the demand curve is P = 309 - (2)Q. If the price drops from to then the quantity effect is while the price effect is A. $17 : $16 : 10: -141.00 O B. $17 : $16 : 8.00; -146.00 O C. $22: $17: 10; -141.00 O D. $22 ; $16 : 13.00; -131.00The supply curve in a market is given by P = 13 . 10.50(Q). while the demand curve is P = 175 . 21(Q). The consumer surplus and producer surplus at the equilibrium will be CSE _ PSE OA $09 1 : 169 7 B. $09 1 : 2074 OC. 2850 1 154.7 OD. 1717 1319 OE. 101,7 : 169.1