1. The flexible exchange-rate system is

A) a currency system in which governments try to keep the values of their currencies constant against one another

B) a currency system that allows the exchange rate to be determined by supply and demand

C) the result of a nation importing more than it exports

D) the method banks and other financial institutions use to calculate depreciation on trade deficits

Why should organizations be allowed to promote offensive, violent, sexual, or unhealthy products that can be legally sold and purchased?

The blank is type of decision-maker who over analyzes information

Need with my trade theory homework. i doubt what i wrote was right. consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?