Question
Suppose Apple is selling computers in Australia for A$5,500 when the exchange rate is A$ = $0.68. If the A$ rises to $0.75, what price
Suppose Apple is selling computers in Australia for A$5,500 when the exchange rate is A$ = $0.68. If the A$ rises to $0.75, what price must Apple charge to maintain its dollar unit revenue?
a.
A$ 4,987
b.
A$ 5,743
c.
A$ 5,147
d.
A$ 5,268
help needed asap
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Personal Finance Lab Include Pearson EText
Authors: David Eiteman, Arthur Stonehill, Michael Moffett
6th Edition
0134626575, 978-0134626574
