This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In late 2014 and 2015 the value of the U.S. dollar increased relative to the currencies of most of ... (Read 96 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
In late 2014 and 2015 the value of the U.S. dollar increased relative to the currencies of most of its major trading partners.
 
  This rise in the price of the dollar against the other currencies was ________ for companies that exported to the United States and ________ for U.S. companies that exported to other countries.
  A) good; good B) bad; bad C) good; bad D) bad; good

Question 2

Refer to Figure 4-4. The figure above represents the market for iced tea. Assume that this is a competitive market. If 20,000 units of iced tea are sold
 
  A) marginal benefit is equal to marginal cost.
  B) the deadweight loss is equal to economic surplus.
  C) producer surplus equals consumer surplus.
  D) the marginal benefit of each of the 20,000 units of iced tea equals 3.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Gabe

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Stem cells in late development Stem cells in late development
Fura-2, a Ca2+-sensitive fluorochrome, can be used to monitor the relative conce Fura-2, a Ca2+-sensitive fluorochrome, can be used to monitor the relative conce
An example of a late entry to the medical record. An example of a late entry to the medical record.
Passive Reabsorption in the late PCT Passive Reabsorption in the late PCT
Relative levels of neuronal loss in HD transgenic mice Relative levels of neuronal loss in HD transgenic mice
Prevalence rates of obesity in the United States, 2014 Prevalence rates of obesity in the United States, 2014
Video: The primary factors that affect circulation - MABP, CO and SVR

For a complete list of videos, visit our video library