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

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 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

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 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

Table 141Hypothetical Costs of Producing an Automobile for Toyota Inc