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quester [9]
3 years ago
14

DASHER spent half as much as prancer did on holiday presents this year and cupid spent 3 times more than DASHER . If the total s

pent between the three of them was $840 , how much did they each spend on gifts ?
​
Business
1 answer:
EleoNora [17]3 years ago
8 0

9514 1404 393

Answer:

  • Dasher: $140
  • Prancer: $280
  • Cupid: $420

Explanation:

Let x represent the amount Dasher spent. Then Prancer spent 2x and Cupid spent 3x. Their spending total was ...

  x + 2x + 3x = 840

  x = 840/6 = 140

Dasher spent $140; Prancer spent $280; Cupid spent $420.

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Premium Pricing Strategy: this a strategy used by companies to drive up the prices for their products. This strategy is used when customers can be convinced that a company will offer a higher value than its competitors.

For example, looking at the prices of a Rolls Royce Phantom and a Toyota, one costs $450,000 and the other costs $25,000, both will take you from your office to your house, but some customers will prefer to buy the Rolls Royce, this is because of the value the Rolls Royce offers.

Value: this is the worth or usefulness of something. Therefore, if a company can offer value for money, customers will be willing to pay.

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