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iragen [17]
3 years ago
5

You are shopping for a new printer to take back to college with you. You decide on the PIXMA iP100 due to its superior photo pri

nt quality and are now looking for the best price. Different stores have different deals, plus the manufacturer was offering a $30 mail-in post-purchase rebate. You determined from the Canon website that the MSRP for the printer was $299 but one online store had it listed for $279. That price included free shipping, which you figured was at least a $20 savings. In addition, the seller included a USB cord necessary to connect the printer to your laptop, which was priced at $25 on Canon's website. While the online store paid for shipping, there was a $5 fee to insure the printer during shipping. The online store did take trade-ins of old printers, but you didn't have any used printers to trade anyway. Finally, the online store offered a special holiday coupon on this printer that was good for an additional $10 off the price of the printer.
21. What was your final price for the printer?
a)$244
b) $219
c) $209
22. Assuming that the store’s cost for the printer and the USB cord was 50% of its list price and that shipping was set at its cost, what were the seller’s costs for this transaction?
a)$164.50
b) $152
c)$172
23. How much profit did the online store make on the sale of this printer?
a)$102
b) $82
c) $92
24. If the online store charged $209 for the printer, what percentage discount would you have received from MSRP?
a)30%
b)25%
c)20%
25. For most products, a decrease in price will _______
a)value.
b)have no effect on
c)increase
d)decrease
Business
1 answer:
kompoz [17]3 years ago
5 0

Answer:

21. a)$244

22. b) $152

23. c) $92

24. a)30%

25 c)increase

Explanation:

21. Final price of the printer = listed price $279 - $30 mail-in post-purchase rebate + $5 fee to insure the printer during shipping - additional $10 off the price of the printer = $244

22. the seller’s costs for this transaction = 50% its price for the printer & USB = 50% * $279 + 50% * 25= $152

23. The profit on sale of this printer = final price – cost for this transaction = $244 - $152 = $92

24 Manufacturer suggested retail price is $2999; and if the online store charged $209 for the printer, the percentage of discount = (299-209)/299 = 30%

25. For most products, a decrease in price will increase value

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The answer should be 2
6 0
2 years ago
Starting last December, one of the three major credit-score trackers, Experian, added paying monthly rent as one of its criteria
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4 0
3 years ago
Find the mean, median and mode for the above set of data
qwelly [4]

Answer:

a. Mean = 35.2 ≈ 35

b. Median = 35.6 ≈ 36

c. Mode = 36.6 ≈ 37

Step-by-step Explanation:

==>Given:

Class of ages in yrs

No. of cases of each class = f

Midpoint of each class = x

Product of midpoint and no. of cases of each class = fx

==>Required:

a. Mean

b. Median

c. Mode

==>SOLUTION:

a. Mean = (Σfx)/Σf

Σf = sum of no. of cases = 5+10+20+22+13+5 = 75

Σfx = 47.5+195+590+869+643.5+297.5 = 2,642.5

Mean = 2,642.5/75 = 35.2 ≈ 35

b. Median = Lm + [((Σf/2) - Cfb)/fm]Cw

Our median is between the 37th and the 38th term, which can be found in the class interval 35-44. This is our median class.

Lm = Lower class boundary of the median class = lower limit of the Medina class + upper limit of the class before the median class ÷ 2 = (35+34)/2 = 34.5

Σf/2 = 75/2 = 37.5

Cfb = Cumulative frequency of class before the median class = 5+10+20 = 35

fm = frequency of the Medina class = 22

Cw = Class width = upper class boundary - lower class boundary = 44.5-34.5 = 10

Median = 34.5 + [(37.5-35)/22] × 10

= 34.5 + [2.5/22] × 10

= 34.5 + [25/22]

= 34.5 + 1.1

= 35.6 ≈ 36

c. Mode = Lm + [∆¹/(∆¹+∆²)]Cw

Modal class = (35-44) [i.e. the class with the highest frequency, which is where our mode falls in]

Lm = lower class boundary of the modal class = lower limit of the modal class + upper limit of the class before the modal class ÷ 2 = (35+34)/2 = 34.5

∆¹ = difference between the frequency of the modal class & the frequency of the class before the modal class = 22 - 20 = 2

∆² = difference between the frequency of the modal class & the frequency of the class after the modal class = 22 - 13 = 9

Cw == Upper class boundary - Lower class boundary = 44.5 - 34.5 = 10

Mode = 34.5 + [2/(2+9)] × 10

= 34.5 + [2/11] × 10

= 34.5 + [20/11]

= 34.5 + 1.8

Mode = 36.6 ≈ 37

8 0
3 years ago
How will employers respond to an increase in the minimum wage?
kherson [118]

Answer:

C

Explanation:

Increasing minimum wage increases the cost of hiring labour. As a result, firms would reduce the amount of labour skilled labour employed in order to reduce cost of hiring labour.

Another option, is for firms to hire more skilled labours

4 0
3 years ago
The following information is available for a company's cost of sales over the last five months.
Natalka [10]

Answer:

$23,602

Explanation:

For computing the estimated total fixed cost, first we have to determine the variable cost per unit which is shown below:

Variable cost per unit = (High cost of sales - low cost of sales) ÷ (High units sold  - low units sold)

= ($59,000 - $29,400) ÷ (2,200 units  - 360 units)

= $29,600 ÷ 1,840 units

= $16,09

And, the fixed cost equal to

= High cost of sales - (High units sold × Variable cost per unit)

= $59,000 - (2,200 units × $16.09)

= $59,000 - $35,398

= $23,602

6 0
4 years ago
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