The size of the spread that a dealer will quote for a foreign exchange transaction will vary depending on
A) the degree of market volatility at the time.
B) the degree of risk associated with a particular currency.
C) the size of the market for the currency being traded.
D) All of above.
D
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In the text, when the Nick Rudd Ice Company starts as a monopoly and then finally faces competition from a new entering ice company, its
a. price falls, its economic profit falls, but its output increases b. price falls, its economic profit falls, and its ATC falls c. price falls, its economic profit falls, and it faces a more elastic demand curve d. price increases, its economic profit falls, and it faces a less elastic demand curve e. ATC falls, its economic profit falls, and it faces a less elastic demand curve
When tastes are quasilinear in leisure, the labor supply curve is vertical.
Answer the following statement true (T) or false (F)