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Toyota sells Camrys in the U.S. for $23,000 when the exchange rate is 90 JPY/USD. Toyota receives 2,070,000 in revenue per car sold. If the
Toyota sells Camrys in the U.S. for $23,000 when the exchange rate is 90 JPY/USD. Toyota receives 2,070,000 in revenue per car sold. If the dollar weakens and is worth only 80 per dollar, what price would Toyota have to charge to receive the same amount of yen as before? $25,875 $25,553 $20,444
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