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Questions (a), (b), (c), and (d) refer to the following figure that depicts the market in which Australian dollars are traded for Euros. Exchange rate

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Questions (a), (b), (c), and (d) refer to the following figure that depicts the market in which Australian dollars are traded for Euros.

image text in transcribed
Exchange rate (E/$) S2 S C D B A D2 D1 0 Quantity of dollars traded

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