Suppose $1.00 U.S. is currently worth $1.5 Canadian. It is expected that the U.S. dollar will be worth $1.2 Canadian in one month. This will cause:
a. a decrease in the value of U.S. exports to Canada.
b. a decrease in the demand for Canadian dollars.
c. an increase in the demand for U.S. dollars

Suppose the table below describes the demand for a good produced by monopolist.PriceQuantity$101$92$83$74$65$56$47The monopolist's total revenue from selling 3 units is ________, and the monopolist's marginal revenue from selling the 3rd unit is ________.

A. $24; 8 B. $24; 6 C. $28; 8 D. $52; 1

Refer to the information provided in Figure 2.5 below to answer the question(s) that follow. Figure 2.5Refer to Figure 2.5. The economy is currently at Point B. The opportunity cost of moving from Point B to Point A is the

A. 120 LCD TVs that must be forgone to produce 20 additional OLED TVs. B. 30 LCD TVs that must be forgone to produce 40 additional OLED TVs. C. 20 OLED TVs that must be forgone to produce 30 additional LCD TVs. D. 40 OLED TVs that must be forgone to produce 120 additional LCD TVs.