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lorasvet [3.4K]
3 years ago
7

Pesos are a monetary unit used in the country of Mexico. Pesos are exchanged at a rate of 600 pesos to one U.S. dollar ($1.00).

A person wants to buy an object that costs 4,800 pesos.How many U.S. dollars will the person need to buy the object?a. $4.80 b. $600c. $800 d. $8000 e. $48000
Business
1 answer:
adelina 88 [10]3 years ago
5 0

Explanation:

Given , $ 1=600 pesos

so, a person wants to buy an object that cost 4,800

let assume $=x

x=4,800/600=8

So the answer is$8

<u>$ 8= 4800 pesos</u>

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Let us assume that rent (fixed cost) is $500. When output is 1 unit,  fixed cost per unit = $500 / 1 = $500

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