According to the search model, the marginal cost of acquiring ...

[ARLKQ]

According to the search model, the marginal cost of acquiring information about a product
 a. is greater for a doctor than a nurse's aide
  b. is the same for high-income consumers as for low-income consumers
  c. is greater for expensive items than for cheap items
  d. is greater for cheap items than for expensive items
  e. diminishes as more information is acquired

Question 2

The current international monetary system is
 a. a flexible exchange rate system
  b. a fixed exchange rate system
  c. a system combining fixed and flexible exchange rates
  d. a gold standard
  e. a gold exchange rate system

[stanleka1]

Answer to Question 1

A

Answer to Question 2

C

[ARLKQ]

Excellent

[Joy Chen]

TYSM