The above table gives some cost data for Peter's Pickles. Peter's fixed cost is $20. The marginal cost of increasing output from 3 to 4 barrels of pickles is

Explain what the free market will do if exchange rates end up in the "right ranges."

What will be an ideal response?

Historically, the U.S. government has been used to overcome crises, redistribute income and wealth and address negatively received market outcomes

Indicate whether the statement is true or false