asked 162k views
5 votes
Norman owns a small dairy farm in the United States He buys cows from local ranchers and produces milk and cheese for local stores He also sells cheese to a company in Mexico Norman

hears a news report saying that the value of the dollar has risen compared to the Mexican peso
Based on the scenario, which event is likely to happen?
A.Norman will pay more for the cows from local ranchers
B.Norman will pay less for the cows from local ranchers
C.Norman's sales to the Mexican company will increase
D.Norman's sales to the Mexican company will decrease

asked
User Taum
by
8.7k points

1 Answer

3 votes
I think the answer should be C.
answered
User Vikas V
by
8.0k points
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