Holding everything else constant, the U.S. real exchange rate with Thailand will increase if the dollar depreciates

Explain how the production possibilities frontier illustrates scarcity

What will be an ideal response?

Let D = demand, S = supply, P = equilibrium price, Q = equilibrium quantity. What happens in the market for sushi if the Surgeon General announces that a majority of the raw fish that is imported to make sushi contains high levels of toxic mercury?

A) D decreases, S no change, P and Q decrease. B) S decreases, D no change, P increases, Q decreases. C) D and S decrease, P and Q decrease. D) D no change, S increases, P decreases, Q decreases.