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April 18, 2014

April 18, 2014

Posted by **Karen** on Wednesday, November 19, 2008 at 1:00am.

Is it equal to 1? If not, can anyone please correct me and explain it to me?

THANKS A LOT!!!

- eco -
**bobpursley**, Wednesday, November 19, 2008 at 6:49amBased on commodities, then

1 bushel= 1 bushel or

100 dollars= 16000 yen.

or 1 dollar= 160 yen

- eco -
**Mount Olive**, Sunday, March 10, 2013 at 10:18pmAssume that American rice sells for $100 per bushel, Japanese rice sells for 16,000 yen per bushel, and the exchange rate is 80 yen per 1 dollar. Explain how you can make a profit in this situation. What would be your profit per bushel of rice?

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