24 1/2. 0.5 is equal to 1/2
This suggests that he buys products with higher prices than other similar products. But this type of market(monopolistic competition) is great though, because there are lesser suppliers than in the pure competition where products are almost within the same price ranges. In a monopolistic competition, suppliers sell their products with a justifiable high price. This is also an advantage for the buyers, they would be able to consume and be satisfied with products of high quality.
It would be 1,200 because you just have to multiply 400 times 3 hope it helped :)
Answer:
Gabriel needs to have $3.75 for sales tax.
Step-by-step explanation:
A sales tax rate of 6.25% means that 6.25 cents is going to be charged for tax for each dollar you spend. (Because 6.25% of $1.00 is 6.25 cents.)
If he was spending $10, the sales tax would be 62.5 cents (6.25 cents per dollar x 10 dollars). Since he is spending $60 on this item, the equation would be (6.25 cents per dollar x 60 dollars) (6.25 cents x 60 = 375 cents).
And 375 cents equals $3.75.
