Multiple Choice
Sherri lives in Canada and is considering buying a new sofa.If the price level in Canada falls and the price level in the United States does not change,Canadian manufactured sofas are relatively
A) more expensive,so Sherri will likely purchase a U.S.manufactured sofa.
B) more expensive,so Sherri will likely purchase a Canadian manufactured sofa.
C) less expensive,so Sherri will likely purchase a U.S.manufactured sofa.
D) less expensive,so Sherri will likely purchase a Canadian manufactured sofa.
E) Both answers B and D could be correct depending on whether U.S.manufactured sofas were initially more expensive or less expensive than Canadian sofas.
Correct Answer:

Verified
Correct Answer:
Verified
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