Table 141Hypothetical Costs of Producing an Automobile for Toyota Inc

question 1

Multiple Choice

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 yen cost of a Toyota automobile equals:

• A) 4,000,000 yen
• B) 6,000,000 yen
• C) 8,000,000 yen
• D) 10,000,000 yen

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Agent's Authority

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