The following questions highlight how changes in numbers can be measured in both absolute and relative, or
Question:
The following questions highlight how changes in numbers can be measured in both absolute and relative, or percentage, terms.
Two stores in a mall are having promotions. The first, Annie's Attic, is offering $10.00 off any purchase. The other, Betty's Breakables, is offering 40% off any purchase.
Each store offers a music box at a (non-discounted) price of $30 and a faux Ming vase for $40.00, as summarized in the following table.
What is the promotional price of each item at each store?
Suppose a friend of yours wants to buy a crystal candlestick. You remember seeing this item at both Annie's Attic and Betty's Breakables, but you do not remember the price.
What advice should you give your friend in this situation?
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts