How much is the firm's output at the shutdown point?
16
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Everything else equal, an increase in the demand for dollars in exchange for pesos:
A) will cause the dollars to appreciate against the pesos and will increase the quantity of dollars being traded in the foreign exchange market. B) will cause the dollars to appreciate against the pesos and will decrease the quantity of dollars being traded in the foreign exchange market. C) will cause the dollars to depreciate against the pesos and will increase the quantity of dollars being traded in the foreign exchange market. D) will cause the dollars to depreciate against the pesos and will decrease the quantity of dollars being traded in the foreign exchange market.
Which of the following is a distinguishing feature of laissez-faire capitalism?
A. Public ownership of all capital. B. Central planning. C. Minimal government intervention. D. A circular flow of goods, resources, and money.