SOC WEL 257- Japanese Motors exports cars and trucks to the U.S. market.

| March 13, 2016

Japanese Motors exports cars and trucks to the U.S. market. On March 9, 2010, its most popular model was selling (wholesale) to U.S. dealers for $20,000. What price must Japanese Motors charge for the same model on February 25, 2013, to realize the same amount (of Japanese yen) as it did in 2010? (Refer to Table 2.1.)

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