Felicia knits scarves and sells them to her friends. the first week, she knits four scarves and sells three for $50 each. the next week she buys her yarn at a discount, so she knits six scarves and is able to sell five for $40 each. which number represents quantity demanded at $40?
a. 2
b. 3
c. 5
d. 8
you are in charge of your country's currency, which is backed by a gold standard. unfortunately, gold production is dropping sharply and is not expected to recover. what is your best option?
a. borrow more gold.
b. print more currency.
c. move to fiat currency.
d. take no action.