Solved

If the Price of a New Rolex Watch Is 18,000

Question 9

Multiple Choice

If the price of a new Rolex watch is 18,000 francs in Switzerland, ignoring all other costs, what will the U.S. dollar price be if one Swiss franc buys $0.78 dollars?


A) $23,076.92
B) $21,867.51
C) $13,978.53
D) $14,040.00

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBR1053/.jpg" alt=" Which of the

Q2: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBR1053/.jpg" alt=" -Refer to Figures

Q3: Which of the following is not a

Q4: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBR1053/.jpg" alt=" -Refer to Figures

Q5: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBR1053/.jpg" alt=" Which of the

Q6: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBR1053/.jpg" alt=" -Refer to Figures

Q7: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBR1053/.jpg" alt=" -Refer to Figures

Q8: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBR1053/.jpg" alt=" -Refer to Figures

Q10: A price index that measure the average

Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBR1053/.jpg" alt=" Which of the