Author Question: Using the above figure, an increase in the demand for Dutch goods by U. S. consumers will lead to ... (Read 98 times)

naturalchemist · **on:** Jun 29, 2018

Using the above figure, an increase in the demand for Dutch goods by U. S. consumers will lead to

A) a depreciation in the Dutch currency.
B) an appreciation in the Dutch currency.
C) an increase in the supply of Dutch currency as foreign exchange.
D) a decrease in the supply of Dutch currency as foreign exchange.

Question 2

If the price of a pizza increases and the demand curve for pizza does not shift, then the consumer surplus from pizza will ________.

A) increase
B) decrease
C) equal the producer surplus if the market produces the efficient quantity of pizza
D) remain the same

catron30 · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

B

naturalchemist · **Reply #2 on:** Jun 29, 2018

Thank you

catron30 · **Reply #3 on:** Jun 29, 2018

Happy to help you

Author Question: Using the above figure, an increase in the demand for Dutch goods by U. S. consumers will lead to ... (Read 98 times)

naturalchemist

Using the above figure, an increase in the demand for Dutch goods by U. S. consumers will lead to ...

Related Topics

Need homework help now?

catron30

Using the above figure, an increase in the demand for Dutch goods by U. S. consumers will lead to ...

naturalchemist

Using the above figure, an increase in the demand for Dutch goods by U. S. consumers will lead to ...

catron30

Using the above figure, an increase in the demand for Dutch goods by U. S. consumers will lead to ...