Gilligan runs the only dry-cleaning business on a desert isle. If the cost of cleaning fluid falls, he can increase profit by

If a seller enjoys a producer surplus of $30 when he sells a good for $79, his reservation value for the good is ________

A) $30 B) $49 C) $79 D) $109

Holders of a foreign currency are willing to supply that currency to Americans in exchange for dollars

a. only because they want to buy American goods b. only because they want to purchase American services c. primarily because they want to purchase American assets d. because they want to purchase American goods, services and assets e. because their governments force them to do so