If the pound-dollar exchange rate changes from £0.60 per dollar to £0.65 per dollar, then the pound has ________ against the dollar and the dollar has ________ against the pound

Has the worry that international trade will cause horrible environmental conditions as companies rush to build factories in countries with low environmental regulation come true?

a. No, multinational companies have built factories to the standards in developed countries. b. No, multinational companies have not built factories in countries with low environmental regulations. c. Yes, multinational companies build factories that pollute much more than their factories in developed countries. d. Yes, multinational companies move their companies to countries with the lowest environmental regulations.

A consulting company estimated market demand and supply in a perfectly competitive industry and obtained the following results:Qd = 25,000 ? 5,000P + 25MQs = 240,000 + 5,000P ? 2,000PIwhere P is price, M is income, and PI is the price of a key input. The forecasts for the next year are  = $15,000 and  I = $20. Average variable cost is estimated to beAVC = 14 ? 0.008Q + 0.000002Q2Total fixed cost will be $6,000 next year. What is the firm's minimum average variable cost?

A. $ 6 B. $20 C. $ 2 D. $ 8