Answer:
The sale price of the item is $
255
Step-by-step explanation:
To determine the amount of discount (
d
) offered by the store, we calculate
15
% of the sale price. Thus:
d = 300 × 15
÷ 100
d = 3
00 × 15 ÷ 1
00 (take the 2 zeros out on both the hundred and 3 hundred)
d = 3 × 15
d = 45
If the amount of discount is known, the sale price (
s
) of the item will be the regular price minus the discount. Hence:
s = 300 − 45
s = 255
Hope this helps you! If not sorry!
It is evident from the problem statement that an overall price reduction of Nike air max shoes will lead to an increase in the demand for the shoe.
In Economics, the relationship between price and demand is stated as follows <em>"If all other factors remain equal, the higher the price of a good, the </em><em>fewer</em><em> people will </em><em>demand</em><em> that </em><em>good</em><em>. In other words, the </em><em>higher</em><em> the price, the </em><em>lower</em><em> the </em><em>quantity</em><em> demanded and vice versa."</em>
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In all, the Law of Demand tells us that if more people want to buy something, given a limited supply, the price of that thing will be bid higher, also of the price of something is low the demand will be high.
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Answer:
7th grade team
Step-by-step explanation:
6th grade team: 16/4= 4 pumpkins per min
7th grade team: 48/8= 6 pumpkins per min
Therefore, the 7th grade team picked more pumpkins per min
Answer:
Step-by-step explanation:
We know that 
Also , 
So ,
Answer:
The confidence interval based on the paired design is wider because there is little variation in mileage between the cars.
Step-by-step explanation:
The sample size randomly collected is matched sample and since the confidence interval is based on the paired design is large and wide. There is small variation between the mileage of the two cars indicating the cars have mileage based on the fuel.
