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You're traveling in Japan and are thinking about buying a new kimono. You've decided you'd be willin

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8 years ago

You're traveling in Japan and are thinking about buying a new kimono. You've decided you'd be willin

You're traveling in Japan and are thinking about buying a new kimono. You've decided you'd be willing to pay $175 for a new kimono, but kimonos in Japan are all priced in yen. If the exchange rate is 89 yen per dollar, what is the highest price in yen you'd be willing to pay for a kimono? (Assume no taxes or duties are associated with the purchase.)
A) 1.97 yen
B) 330.75 yen
C) 15,575 yen
D) 19,425 yen

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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Tidy Author

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8 years ago

Smart ... Thanks!

Marcie D

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This calls for a celebration Person Raising Both Hands in Celebration

erimis

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2 hours ago

I appreciate what you did here, answered it right Smiling Face with Open Mouth

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