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Author Question: In 2007, the U.S. sold 73 million of cigarettes to Iran. Iran paid for these cigarettes using A) ... (Read 131 times)

RODY.ELKHALIL

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on: Jun 29, 2018
In 2007, the U.S. sold 73 million of cigarettes to Iran. Iran paid for these cigarettes using
 
  A) dollars.
  B) rials, the Iranian currency.
  C) euros.
  D) pounds.

Question 2

Archibald's Tattoos is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price of a tattoo is 12.50 what is the firm's economic profit?
 
  A) zero
  B) 10 per hour
  C) -10 per hour
  D) 20 per hour


fwbard

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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