If the Japanese buy more Cadillacs, they __________ more yen and __________ more dollars in the foreign exchange market

Suppose the demand curve for corn is inelastic between the current price and price that exists after the supply of corn falls. It follows that

A) fewer farmers are producing corn at the new price than at the old price. B) the total revenue for corn is lower at the new price than at the old price. C) the total revenue for corn is higher at the new price than at the old price. D) more farmers are producing corn at the new price than at the old price. E) a and c

Studies on consumer behavior have found that most people value fairness enough that they will refuse to participate in transactions they consider unfair, even if they are worse off as a result. How does this affect a firm's decision to raise prices in

the event of a temporary increase in demand? What will be an ideal response?