When a country occasionally buys or sells currencies to influence the exchange rate, but usually lets market forces determine the exchange rate, it has a:

Fast Copy is a perfectly competitive firm. The figure above shows Fast Copy's cost curves. The current market price is 4 cents per page. With no change in demand and technology, in the long run, the price will

A) remain unchanged. B) rise to 5 cents per page. C) fall to 2 cents per page. D) fall to 1 cent per page.

A conglomerate is a(n):

A. firm that owns plants in different markets and industries. B. industry in which there is only one firm. C. firm with monopoly power. D. firm that owns plants at various stages of the production process.