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Author Question: How many dollars would it cost to buy an Edinburgh Woolen Mill sweater costing 50 British pounds if ... (Read 87 times)

aabwk4

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How many dollars would it cost to buy an Edinburgh Woolen Mill sweater costing 50 British pounds if the exchange rate is 1.80 dollars per one British pound?
 
  A) 40 dollars
  B) 90 dollars
  C) 50 dollars
  D) 100 dollars
  E) 95 dollars

Question 2

Refer to above figure. If manufacturing labor were to increase to OmL2, how much value would the economy as a whole gain?
 
  What will be an ideal response?



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ambernicolefink

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Answer to Question 1

B

Answer to Question 2

The triangle ABC.




aabwk4

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


laurnthompson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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