Suppose that you are trying to decide between two job offers. one consulting firm offers you $150,000 per year to work out of its new york office. a second consulting firm wants you to work out of its london office and offers you £100,000 per year. the current exchange rate is $1.65> £. which offer should you take, and why? assume that the ppp exchange rate is $1.40> £ and that you are indifferent between working in the two cities if the purchasing power of your salary is the same.

Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation