Refer to Scenario 19-1. The value added of CANOES-R-US for each canoe equals

A) $1,200. B) $800. C) $500. D) $400.


C

Economics

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A monopoly creates a deadweight loss to society because it produces less output than the socially efficient level

a. True b. False Indicate whether the statement is true or false

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A decrease in the foreign interest rate relative to the domestic interest rate ________ the exchange rate value of a foreign currency in the short run.

A. causes fluctuations in B. does not affect C. lowers D. raises

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Over the past 25 years, child mortality has ________ and literacy has ________ in developing countries.

A. fallen; fallen B. risen; risen C. fallen; risen D. risen; fallen

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