If the United States is experiencing inflation, then it will be most willing to engage in international policy coordination that requires:

The price of a good is

A) always equal to the cost of producing the good. B) never affected by the number of buyers and sellers. C) usually determined in a market. D) None of the above.

Anna's Antiques expects to get two bidders for the unique china teacup it sells. Each of the bidders can either have a high-value of $100 or a low-value of $70 with equal probability. If Anna holds an auction between the two bidders, and both have high values, she would earn ___ from the auction

a. Just above $100 b. $100 c. Just above $70 d. $70