Refer to Figure 4.1. Theodore is the ________ player

The condition for utility maximization states that the marginal utility per dollar spent on any product must equal the marginal utility per dollar spent on other goods

a. True b. False Indicate whether the statement is true or false

The depreciation of a country's currency causes the price of imports to

A. Rise and the prices of exports to fall. B. Fall and the prices of exports to rise. C. Rise and the prices of exports to rise. D. Fall and the prices of exports to fall.