Question
The initial price of cloth on an island is 400 tepizes/m and the price of the cloth in New York is 120 dollars/yard. (A)
The initial price of cloth on an island is 400 tepizes/m and the price of the cloth in New York is 120 dollars/yard. (A) If a clothing maker bought m of this fabric on the island, how much money did he lose compared to buying it in New York? Use that 1 tepiz = 0.625 dollar and 0.9144 m = 1 yard.. dollars (B) Fine the value of 13.3 N in pounds. Use the conversions 1 slug = 14.59 kg, 1 ft = 0.3048 m, 1 N = 1 kgm/s2, and 1 lb = 1 slug ft/s. lbs
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Microeconomics
Authors: Paul Krugman, Robin Wells
5th edition
1319098780, 1319098789, 978-1319098780
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