1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sonja [21]
3 years ago
7

A sporting goods store is having a large sale event. baseball bats are marked down by 42%, and hockey sticks are marked down by

29%. if baseball bats cost $21.46 after the markdown and hockey sticks cost $39.05 after the markdown, which item’s price was reduced by more, and by how many more dollars was it reduced? round all dollar values to the nearest cent.
a. hockey sticks had their prices reduced by $2.31 more than baseball bats.
b. hockey sticks had their prices reduced by $0.41 more than baseball bats.
c. baseball bats had their prices reduced by $4.22 more than hockey sticks.
d. baseball bats had their prices reduced by $0.59 more than hockey sticks.
Business
2 answers:
MissTica3 years ago
5 0
B is the correct answer
SVEN [57.7K]3 years ago
5 0

Answer:

Option b.

Explanation:

Let x be the initial cost of baseball bats.

Baseball bats are marked down by 42%, and baseball bats cost $21.46 after the markdown.

x-\frac{42}{100}x=21.46

x-0.42x=21.46

0.58x=21.46

x=\frac{21.46}{0.58}

x=37

The initial cost of baseball bats is $37.

\frac{42}{100}(37)=15.54

The price of baseball bats reduces by $15.54.

Let y be the initial cost of hockey sticks.

Hockey sticks are marked down by 29% and hockey sticks cost $39.05 after the markdown.

x-\frac{29}{100}x=39.05

0.71x=39.05

x=\frac{39.05}{0.71}

x=55

The initial cost of Hockey sticks is $55.

\frac{29}{100}(55)=15.95

The price of baseball bats reduces by $15.95.

Since 15.95 > 15.54 and 15.95 - 15.54=0.41, it means hockey sticks had their prices reduced by $0.41 more than baseball bats.

Therefore, the correct option is b.

You might be interested in
The market risk, beta, of a security is equal to Group of answer choices the variance of the security's returns divided by the c
GaryK [48]

Answer:

the covariance between the security's return and the market return divided by the variance of the market's returns

Explanation:

The market risk, beta of the security would be equivalent to the

Beta = Cov(rm, rs) ÷  Var(rm)

Rm denotes  market return

rs denotes security return

Cov denotes covariance

Var denotes variance

Hence, the second option is correct

And, the rest of the options are wrong

3 0
3 years ago
Country A has an absolute command economy. Country B has a mixed economy and a population that favors market trade. Both want to
inna [77]

Answer:

D) Permit limited private ventures

Explanation:

An absolute command economy will not permit limited private ventures since it is practicing a socialist or communist political and economic system. In a socialist system all means of production is controlled by the state and liberty to private enterprise is restricted.

8 0
3 years ago
If Susan had no previous balance on her credit card, and she manages to pay off the balance within 1 month, how much will she ha
8_murik_8 [283]
Based on the given scenario above, since Susan had no previous balance on her credit card and that she was able to pay off the balance within 1 month, she will not be paying any interest. The interest in the credit card only applies to the amount that has been pass the due date or are not paid in full. Hope this answer helps.
5 0
2 years ago
The following appeared in a Florida newspaper a week after a hurricane hit the state.​ "Floridians are relieved that the storm p
vladimir2022 [97]

Answer:

The correct answer is option A.

Explanation:

A hurricane that hit Florida has destroyed homes. The rebuilding process will take weeks and months. The price of building materials has increased as well. This increase in price is because of increased demand for building materials.

The demand curve for building materials has moved to the right. This has led to an increase in the price of building materials. The firms are taking advantage of this increase in demand by raising the price by over 100 percent.

7 0
2 years ago
What is the difference between marginal cost and marginal revenue?
fomenos

Answer: B.Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good.

Explanation: The money or expenses incurred in the production of a good or service is called cost. Marginal cost simply refers to the cost incurred in producing one more unit of a product or service. Revenue on the other hand refers to the money earned from selling a company's product. Therefore, marginal revenue refers to the amount a producer makes or earns from selling one more unit of a product.

7 0
3 years ago
Other questions:
  • HRM Practices Human resources management is critical to the success of organizations as human capital becomes an important sourc
    14·1 answer
  • In 1969, frustrated by the lack of progress in LAFTA, Bolivia, Chile, Colombia, Ecuador, and Peru joined in creating the Andean
    10·1 answer
  • Adams Company has employed a bookkeeper who is inexperienced. On December 28, after reviewing the records for the year, you disc
    9·2 answers
  • The independent cases are listed below that includes all items relevant to operating activities: Case A Case B Case C Sales reve
    12·1 answer
  • Accounting about Stockholders' Equity? 1. Common stockholders usually have all of the following rights except: a) To receive div
    13·1 answer
  • A marketing company wants to determine which cola beverage is most preferred by consumers. A group of participants tastes Cola A
    6·1 answer
  • The point on the business cycle where real GDP reaches its highest level is known as the________.
    12·1 answer
  • On August 1, 2022, Burdick Co. issued bonds with a face value of $600,000. The bonds carry a stated interest rate of 8%; interes
    9·1 answer
  • Eric is an hr manager at communication connections. which task would he perform as a part of the human resource planning process
    10·1 answer
  • Assessing how customers in the target market evaluate price is the _______ stage in the pricing process.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!