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Author Question: Calculate the dollar price of a German automobile worth 40,000 euros, if the dollar per euro ... (Read 104 times)

stephzh

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Calculate the dollar price of a German automobile worth 40,000 euros, if the dollar per euro exchange rate is 1.5.
 a. 41,500
  b. 26,700
  c. 60,000
  d. 50,000
  e. 38,500

Question 2

If the demand for apples increases at the same time the supply of apples falls, the price of apples will tend to fall.
 a. True
  b. False
  Indicate whether the statement is true or false



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LP

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Answer to Question 1

c

Answer to Question 2

False





 

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