If the Fed raises the interest rate, in the foreign exchange market the demand for the U.S. dollar increases

Suppose at the current level of labor used, MRP = $20 and MFC = $25. To maximize profits, the firm should

A) hire more labor. B) reduce the level of labor. C) maintain the current level of labor. D) expand production.

An example of an ongoing expense for a toy company would be buying:

A. a delivery truck, and would be included in total cost. B. a new factory, and would be excluded from total cost. C. advertising for their products, and would be included in total cost. D. None of these is true.