In the model of the perfectly competitive firm, the firm's fixed costs are equal to its implicit costs of production

Assume the United States is the "domestic" country and Switzerland is the "foreign" country. Which of the following might decrease the real exchange rate between the United States and Switzerland?

A) a depreciation of the franc B) an appreciation of the dollar C) a decrease in the price level in Switzerland D) a decrease in the price level in the United States

After Hurricane Andrew hit Florida and Louisiana, consumers expressed outrage at the high prices being charged for chainsaws, generators, and bottled water. If governments followed the consumers’ demands and imposed price ceilings in these markets, what is the likely result?

What will be an ideal response?