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Other Fields Homework Help Business Topic started by: boland on May 18, 2016



Title: If the current exchange rate is 113 Japanese yen per U.S. dollar, the price of a Big Mac hamburger i
Post by: boland on May 18, 2016
If the current exchange rate is 113 Japanese yen per U.S. dollar, the price of a Big Mac hamburger in the United States is $3.41, and the price of a Big Mac hamburger in Japan is 280 yen, then other things equal, the Big Mac hamburger in Japan is
A) under priced.
B) over priced.
C) correctly priced.
D) There is not enough information to determine if the price is appropriate or not.


Title: Re: If the current exchange rate is 113 Japanese yen per U.S. dollar, the price of a Big Mac hamburg
Post by: noxx53 on Jun 21, 2016
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Title: Re: If the current exchange rate is 113 Japanese yen per U.S. dollar, the price of a Big Mac hamburger i
Post by: boland on Jul 3, 2016
This is awesome, thanks so much


Title: Re: If the current exchange rate is 113 Japanese yen per U.S. dollar, the price of a Big Mac hamburger i
Post by: noxx53 on Jul 4, 2016
Happy to help :D