Figure 13.2. the U.S. Market for Imported Toyotas

Multiple Choice

Figure 13.2. The U.S. Market for Imported Toyotas
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-In Figure 13.2, D represents the U.S.demand curve for Toyotas and MC₀ represents the marginal cost of producing Toyotas.Assume that Toyota behaves like a monopolist in the U.S.market.A shift in the marginal cost curve from MC₀ to MC₂ leads to

A) a complete pass-through of the depreciation of the dollar.
B) a complete pass-through of the appreciation of the dollar.
C) a partial pass-through of the depreciation of the dollar.
D) a partial pass-through of the appreciation of the dollar.d