Monopolistically competitive sellers are price takers. a. True ...

[cmoore54]

Monopolistically competitive sellers are price takers.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Assume that you have just returned to the United States from a summer vacation in Russia, where you exchanged American dollars for Russian rubles. Your economic actions can be said to have:
 a. increased the supply of American dollars in Russia.
  b. decreased the supply of Russian rubles in America.
  c. decreased the supply of American dollars in Russia.
  d. increased the demand for American dollars in America.
  e. increased the supply of Russian rubles in Russia.

[carojassy25]

Answer to Question 1

False

Answer to Question 2

a

[cmoore54]

Thanks for the timely response, appreciate it

[bimper21]

Excellent