Question
Your company is considering buying office equipment from England that costs 2,800 pounds. If the exchange rate is $1.92, meaning that 1 pound costs $1.92,
Your company is considering buying office equipment from England that costs 2,800 pounds. If the exchange rate is $1.92, meaning that 1 pound costs $1.92, how much will the office equipment cost you in dollar terms?
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Microeconomics
Authors: Jeffrey M. Perloff
8th edition
134519531, 978-0134519531
