If the Fed increases the interest rate in the U.S.:
A) the demand curve for dollars will shift to the left.
B) the demand curve for dollars will shift to the right.
C) the supply curve of dollars will shift to the right.
D) the real exchange rate of the U.S. will depreciate.
B
Economics
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Revenue is equal to
A) price times quantity. B) price times quantity minus total cost. C) price times quantity minus average cost. D) price times quantity minus marginal cost. E) expenditure on production of output.
Economics
If this firm were a perfect competitor selling its entire output at a price of $1, the marginal revenue product of the third unit of input would be
A. $0.
B. $1.
C. $2.
D. $3.
Economics