The Exchange Rate Between the Dollar and the Swiss Franc

question 71

Multiple Choice

The exchange rate between the dollar and the Swiss franc is $1 = 4 francs and the price of an imported Swiss box of chocolates is $5.If the exchange rate changes to $1 = 2 francs,the dollar price of the Swiss chocolates

• A)rises to $20.
• B)falls to $2.50
• C)rises to $10.
• D)does not change.
• E)may rise or fall depending on other currency exchange rates.

---

Definitions:

Vertices

The plural of vertex, referring to the corners or intersecting points of geometric shapes or graphs.

Hyperbola

A type of smooth curve lying in a plane, consisting of two branches, which are mirror images of each other, and asymptotically approaching fixed lines.

Asymptotes

Asymptotes are lines that a graph approaches but never reaches, illustrating behavior towards infinity or certain points within the domain.

Vertices

Vertices are the corner points where two or more lines, edges, or curves meet.