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For its latest handbags, Gucci, the Italian luxury goods company, has decided to use a 85 passthrough. This is in response to the appreciation of

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For its latest handbags, Gucci, the Italian luxury goods company, has decided to use a \85 passthrough. This is in response to the appreciation of \12 of the EUR against the USD. As a result of this price adjustment, the US buyers of Gucci handbag will absorb \ of the euro's appreciation against the US dollar. Gucci, the parent company in Italy will absorb \ of the euro's appreciation against the US dollar. \\( 12 / 85 \\) \\( 85 / 15 \\) \\( 15 / 85 \\) \\( 15 / 12 \\)

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