Referring to Figure 19.1, if the exchange rate is currently 11 pesos per dollar, then we expect the dollar to ________ and the peso to ________
A) depreciate; depreciate B) appreciate; depreciate
C) depreciate; appreciate D) appreciate; appreciate
B
Economics
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Comparative advantage is always a(n)concept.
A) absolute B) efficiency C) relative D) monetary
Economics
Refer to the information provided in Figure 15.5 below to answer the question(s) that follow. 
Figure 15.5 Refer to Figure 15.5. Assume The Custom Sweater Shop has fixed costs of $500 and is a monopolistically competitive firm. If the firm produces the profit-maximizing level of output and sells it at the profit-maximizing price, the firm ________ of $400.
A. earns a profit B. has total revenue C. suffers a loss D. has total cost
Economics