A firm with two plants, A and B, has the following estimated demand and marginal cost functions:Qd = 120 - 10PMCA = 4  + (1 / 5)QAMCB = 6 + (1 / 10)QBWhat is the profit-maximizing price?

Assume a monopolistically competitive firm comes up with a new innovation that allows it to earn above-normal economic profits

Given the nature of the market in which it operates, over time those profits will be competed away as new competitors enter the market. Indicate whether the statement is true or false

Use the above figure. A leftward shift in the demand curve, ceteris paribus, would result in

A) a dollar appreciation. B) a dollar depreciation. C) a euro appreciation. D) increasing the equilibrium quantity of the euro.