The difference between a firm's revenue and its operating expenses is the firm's operating income

Indicate whether the statement is true or false

TRUE

Economics

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The figure above shows the demand and supply of dollars in the foreign exchange market. The equilibrium in the market occurs at a price of ________ Brazilian reals per dollar and a quantity of ________ billion dollars

A) 2.0; 100 B) 2.4; 120 C) 1.6; 100 D) 100; 2.0

Economics

Assume the United States is considering either a tariff or a quota to protect motorcycles

For each of the following groups, list whether they should prefer either the tariff or the quota, or be indifferent between the two: importer of motorcycles, taxpayers, foreign producer of motorcycles.

Economics