Suppose the exchange rate between the U.S. dollar and the French franc is 0.25 francs per dollar. If a television sells for 100 francs in France, what is the dollar price of the television set?

Question

Quizplus · Accepted Answer

To find the dollar price of the television set, we need to convert the francs to dollars. Since 0.25 francs is equal to one dollar, we can find the dollar price by dividing the franc price by 0.25:
100 francs ÷ 0.25 francs per dollar = $400. Therefore, the correct answer is B.

Suppose the Exchange Rate Between the U