If a computer game costs 29 in the united states and 21 in, Financial Management

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If a computer game costs 29 in the united states and 21 in

If a computer game costs $29 in the United States and £21 in United Kingdom, what is the real “computer game” exchange rate? Assume a dollar-pound exchange rate of $1.5126 per pound.

Instruction: Enter your response to the nearest hundredth (2 decimal places).

The real "computer game" exchange rate is . ?

What do you conclude?

The computer game is cheaper in the United Kingdom than it is in the United States.

The computer game is cheaper in the United States than in the United Kingdo.

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