A decrease in ________ tends to decrease ________ and therefore decrease ________
A) cost; price; supply
B) cost; demand; price
C) demand; price; cost
D) supply; cost; price
C
Economics
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Consider the market for dollars. The higher the exchange rate, the ________ is the expected profit from holding foreign currency and the greater is the ________
A) larger; quantity of dollars supplied B) larger; leftward shift in the demand curve for dollars C) smaller; quantity of dollars supplied D) smaller; leftward shift in the demand curve for dollars
Economics
The demand curve for a monopoly firm
A) lies below its marginal revenue curve. B) is perfectly inelastic. C) is the same as the market demand curve. D) is horizontal.
Economics