artsycentury
artsycentury
04.12.2019 • 
Business

The spot exchange rate between the gondorian tharni (the home country) and the mordorian dinar is 1/3.

a. the price of mithril is 3,000 tharni per square foot. what is its price in dinar? (10 points)

b. if the tharni depreciates against the dinar and the price in tharni stays the same, does the price of mithril in dinar rise or fall, and why? (10 points)

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