Refer to Figure 8.1. If Charla and Mirna agree to pay each other $350 to install the pollution-control device on their heating systems, the dominant strategy for the players would be for Charla to play ________ and for Mirna to play ________

If the dollar rises against the euro, the dollar buys ________ euros, the euro ________ and the dollar ________

A) more; depreciates; appreciates B) more; appreciates; depreciates C) less; appreciates; depreciates D) more; depreciates; depreciates E) less, depreciates; appreciates

Caroline is an artist. She purchases canvases, paints, brushes, and accessories for $75. She sells one of her original paintings to an art gallery for $1,500, even though an art lover would pay $4,500 for that painting. How much market value does

Caroline add? A) $75 B) $1,425 C) $1,500 D) $4,425