The exchange rate between the dollar and the euro is one


The exchange rate between the dollar and the euro is one dollar to .8 euro (€). The price of a Mercedes is € 45,000; the price of a similar size Cadillac is $38,000.

What is the euro price of the Caddy?

What is the dollar price of the Mercedes?

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Business Economics: The exchange rate between the dollar and the euro is one
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