What is the price of the product in costa rica

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Problem 1: The exchange rate is $1 to 579.89 CRC colones. A product sells for $100 in the United States. If purchasing power parity (PPP) holds, what is the price of the product in Costa Rica (CRC)? Round your answers to the nearest dollar. List only the number and use comma to separate thousands.

Reference no: EM132946186

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