Answer:
Price Discrimination OR Law of Demand; according to the complete question.
Step-by-step explanation:
24% of the students in the first group answered yes.
73% of the students in the second group answered yes.
More students in the second group were willing to pay $75 for the pair of jeans BECAUSE they were told that the normal price was much higher.
From this information, I guess that the first group was told (by the jeans vendor probably) that the $75 was higher than the normal price of the jeans. This will be the reason why a lesser percentage of students in Group A are willing to purchase the pair of jeans.
This is an example of PRICE DISCRIMINATION effect on decision making. Price discrimination is used in product marketing.
The same pair of jeans in Situation A cost higher than the normal price while in Situation B it cost lower than the normal price. Even though the figure given is static at $75 in both cases, the data that follows in the question tells it as 2 different prices; one favourable to the buyers and another not so favourable to the buyers.
The LAW OF DEMAND also applies here. The higher the price, the lesser the quantity demanded (by a group of students) and the lower the price, the higher the quantity demanded.
im just gonna take the points for falling for that.
They're not equivalent.
(vertical bars) represents the absolute value of x. How it works is that it turns negative numbers positive but leaves 0 and positive numbers alone (hence it gets a number's distance from 0 on the number line).
![[x]](https://tex.z-dn.net/?f=%5Bx%5D)
(square brackets) usually represents the floor function, which returns the largest integer that is less than or equal to x. (The floor of x can also be written as 
--- it depends on what your textbook/source says).
To solve 
, you first transform it into the equivalent equation 
. Then by definition of absolute value, there are only two solutions for the first equation: x = 10 or x = -10.
[x] = 10 has infinitely many solutions. For example, the floor of 10 is 10, so ![[10] = 10](https://tex.z-dn.net/?f=%5B10%5D%20%3D%2010)
, thus a solution for the second equation is x = 10
The floor of 10.1 is 10, so ![[10.1] = 10](https://tex.z-dn.net/?f=%5B10.1%5D%20%3D%2010)
, thus another solution for the second equation is x = 10.1.
The two equations do not have the same solution set (as x = 10.1 does not solve |x| - 3 = 7 but solves [x] = 10), so they're not equivalent.
Hmmmmm....Im guessing in this question you add..When you add it's 35.So I started with 35. Hope this helps! (;
You take ten percent of 33, which is 3.3, and subtract it from the original price.
33-3.3=29.7 which means the final price is $29.70
