According to the law of demand, when price increases the quantity demanded of a good

Explain why individual firms in competitive markets face more elastic demand curves than the market as a whole

What will be an ideal response?

French and German farmers wanting to buy equipment from an American manufacturer based in the U.S. will be:

A. Supplying dollars and also supplying euros in the foreign exchange market B. Demanding dollars and also demanding euros in the foreign exchange market C. Supplying dollars and demanding euros in the foreign exchange market D. Supplying euros and demanding dollars in the foreign exchange market