Business, 21.12.2019 00:31 hunterpenningtouoie8

The price of a dozen roses in the united states is $30. if $0.2597 can purchase 1.00 israeli shekel, how much does the same dozen roses cost in israel if purchasing power parity holds? shekels

part 2 (1 point)see hint if the actual price of a dozen roses in israel is more than the answer you found in part 1, how might you account for the discrepancy? choose one or more:

a. the roses are not identical products.

b. purchasing power parity exists only for manufactured products.

c. transportation costs are higher for the roses bought in israel.

d. prices may not have fully adjusted.

Answers: 2

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The price of a dozen roses in the united states is $30. if $0.2597 can purchase 1.00 israeli shekel,...

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