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Author Question: Reservation price is: a. the maximum amount a customer would be willing to pay for a unit of ... (Read 80 times)

jasdeep_brar

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on: Jun 30, 2018
Reservation price is:
 a. the maximum amount a customer would be willing to pay for a unit of output.
  b. the minimum price at which a seller would be willing to supply the product.
  c. always equal to the marginal cost.
 d. the same as market price.

Question 2

The focal point of the Bretton Woods system was the:
 a. Great Britain pound.
  b. institution of special drawing rights.
  c. U.S. dollar.
  d. gold reserve.
  e. management of commodity money.


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miss.ashley

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


jasdeep_brar

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

sailorcrescent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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