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

[Sportsfan2111]

According to the search model, the marginal benefit 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. increases as more information is acquired

Question 2

Today's exchange rate system can be described as
 a. a fixed exchange rate system
  b. a freely floating exchange rate system
  c. a pegged exchange rate system
  d. a flexible exchange rate system
  e. a managed float

[Jevvish]

Answer to Question 1

C

Answer to Question 2

E

[Sportsfan2111]

Thank you

[Jevvish]

No problemo