Total revenue, marginal revenue, fixed cost, and total cost and fill the table.

Question

In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______ Group of answer choices Raises the interest rate so that net exports must fall to maintain equilibrium in the goods market. Cannot change the interest rate so that net exports must fall to maintain equilibrium in the goods market. Cannot change the interest rate so income must rise to maintain equilibrium in the money market Raises the interest rate, so that income must rise to maintain equilibrium in the money market.

Answer 1

Question

Chapter 11, Problem 13CQ

(a)

To determine

Total revenue, marginal revenue, fixed cost, and total cost and fill the table.

(b)

To determine

Maximizing profit by charging price of $55.

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