Total profit is maximized when marginal profit maximized.

The intertemporal budget constraint is defined as:

A) DP + DF/(1 + r) = QP + QF/(1 + r) B) V = QP + QF/(1 + r) C) V = DP + DF/(1 + r) D) DF + DP/(1 + r) = QF + QP/(1 + r) E) DP + DF(1 + r) = QP + QF(1 + r)

All else held constant, increased U.S. exports to nations in the European Union create a ________.

A. demand for euros B. shortage of euros C. supply of euros D. surplus of euros