Table 14.1.Hypothetical Costs of Producing an Automobile for Toyota Inc.of Japan

-Refer to Table 14.1.Assume that Toyota Inc.obtains all of its automobile inputs from Japanese suppliers.If the yen's exchange value appreciates from 200 yen = $1 to 100 yen = $1,the dollar-equivalent cost of a Toyota automobile equals:
A) $10,000
B) $20,000
C) $30,000
D) $40,000

Question

Table 14.1.Hypothetical Costs of Producing an Automobile for Toyota Inc.of Japan
 
-Refer to Table 14.1.Assume that Toyota Inc.obtains all of its automobile inputs from Japanese suppliers.If the yen's exchange value appreciates from 200 yen = $1 to 100 yen = $1,the dollar-equivalent cost of a Toyota automobile equals:
A) $10,000 
B) $20,000 
C) $30,000 
D) $40,000

Quizplus · Accepted Answer

The Answer of Table 14.1.Hypothetical Costs of Producing an Automobile for Toyota Inc.of Japan
 
-Refer to Table 14.1.Assume that Toyota Inc.obtains all of its automobile inputs from Japanese suppliers.If the yen's exchange value appreciates from 200 yen = $1 to 100 yen = $1,the dollar-equivalent cost of a Toyota automobile equals:
A) $10,000 
B) $20,000 
C) $30,000 
D) $40,000

Table 141Hypothetical Costs of Producing an Automobile for Toyota Inc