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Figure 14.2The US Market for Imported Toyotas

question 6

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Figure 14.2The US Market for Imported Toyotas
Figure 14.2The US Market for Imported Toyotas    -In Figure 14.2,D represents the US demand curve for Toyotas and MC0 represents the marginal cost of producing Toyotas.A shift in the marginal cost curve from MC0 to MC2 represents A)  an appreciation of the dollar relative to the yen B)  a depreciation of the yen relative to the dollar C)  a depreciation of the dollar relative to the yen D)  neither an appreciation nor a depreciation of the dollar relative to the yen
-In Figure 14.2,D represents the US demand curve for Toyotas and MC0 represents the marginal cost of producing Toyotas.A shift in the marginal cost curve from MC0 to MC2 represents


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