Anything that causes the United States to buy fewer foreign goods shifts the foreign currency __________ curve to the __________

The figure illustrates the market for chairs. If the supply of chairs increases, the price of a chair ________ $40 and the quantity ________

A) will rise above; demanded will decrease B) will rise above; supplied will increase C) will fall below; demanded will increase D) will fall below; demanded will decrease

At an output level of 100, a monopolist faces MC = 15 and MR = 17. At output level q = 101, the monopolist faces MC = 16 and MR = 15. To maximize profits, the firm

A) should produce 100 units. B) should produce 101 units. C) The firm cannot maximize profits. D) The firm is not a monopoly.