Use this data for questions 14-16. Joe's Robot Co makes robots in Mexico. All of its...
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Use this data for questions 14-16. Joe's Robot Co makes robots in Mexico. All of its costs are in peso and all of its revenues in USD, as detailed in the chart. The exchange rate has shifted to 25 pesos to 1 USD. Joe's can either keep the price in USD the same and sell the same number of robots. Or it can lower its USD price and sell more robots, 1,200 vs. 1,000. Joe's Robot Co (Mexico) Cost to produce robot 100,000 pesos Exchange Rate Peso:USD Cost of Robot in USD $8,000 Number of Robots sold Ⓒ200 million pesos Last Year Question 14 Coursology. 25 million pesos 20:1 90 million pesos 100 million pesos 1,000 Now (Option A) 100,000 pesos What are the expected Mexican peso profits from Option A 25:1 $8,000 1,000 Now (Option B) 100,000 pesos 25:1 $7.000 1.200 2 pts Use this data for questions 14-16. Joe's Robot Co makes robots in Mexico. All of its costs are in peso and all of its revenues in USD, as detailed in the chart. The exchange rate has shifted to 25 pesos to 1 USD. Joe's can either keep the price in USD the same and sell the same number of robots. Or it can lower its USD price and sell more robots, 1,200 vs. 1,000. Joe's Robot Co (Mexico) Cost to produce robot 100,000 pesos Exchange Rate Peso:USD Cost of Robot in USD $8,000 Number of Robots sold Ⓒ200 million pesos Last Year Question 14 Coursology. 25 million pesos 20:1 90 million pesos 100 million pesos 1,000 Now (Option A) 100,000 pesos What are the expected Mexican peso profits from Option A 25:1 $8,000 1,000 Now (Option B) 100,000 pesos 25:1 $7.000 1.200 2 pts
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