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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

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 (E/$) S2 S C D B A D2 D1 0 Quantity of dollars traded

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