In the United States, we can buy a pair of shoes for $58. These shoes are identical in every way, shape, and form to a pair of shoes from Japan that be purchased for ¥7,200 including shipping costs

From whom should we order the shoes if we can exchange $1 for ¥120?
A) Buy from the United States, as we save $2.00.
B) Buy from Japan, as we save $2.00.
C) Buy from the United States, as we save $4.00.
D) Buy from Japan, as we save $4.00.

Answer: A
Explanation: A) Cost of Japanese Shoes = = $60.00. Thus, we would be better off ordering from the United States as they are cheaper by $60 - $58 = $2.00.

Business

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