A(n) ________ of a nation's currency will cause imports to ________ and exports to ________, all other things held constant

For many goods, the price elasticity of demand increases over time because

A) people's incomes tend to increase over time. B) inflation increases all prices and incomes over time. C) the ability to find substitutes for a good whose price has risen increases over time. D) None of the above answers is correct.

A two-part price is less efficient than a Ramsey

Indicate whether the statement is true or false