Question
Mary makes custom shirts in Canada and then sells them all over the world. She wants to keep it consistent and makes her sales price
Mary makes custom shirts in Canada and then sells them all over the world. She wants to keep it consistent and makes her sales price (revenue) for the shirts equivalent to $45 CAD, no matter the market. What should be the sales price for the shirts in the following countries? [two decimals, no rounding, no dollar sign in your answer, just numbers]
1.) European Union. The price in Euros should be _____________________
2.) Japan. The price in Japanese Yen should be _____________________
3.) Australia. The price in Australian Dollars should be _____________________
4.) Without considering any other costs (shipping, taxes, tariffs, etc), which country would be the best market for Marys shirts (most revenue per shirt)?
a. The European Union
b. Japan
c. Australia
d. All three countries are the same
e. None of them
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