Business, 21.05.2021 17:30, arslza6

The following questions highlight how changes in numbers can be measured in both absolute and relative percentage terms. Two stores in a mall are having promotions. The first, Annie's Attic, is offering $15 off any purchase. The other, Betty's Breakables, is offering 25% off any purchase. Each store offers an antique music box at a (non-discounted) price of $80, and a faux Ming vase for $40. The promotional price of an antique music box at Annie's Attic is , and the promotional price of an antique music box at Betty's Breakables is . Therefore, if you are in the market for an antique music box, you should buy it at . The promotional price of a faux Ming vase at Annie's Attic is , and the promotional price of a faux Ming vase at Betty's Breakables is . Therefore, if you are in the market for a faux Ming vase, you should buy it at . If the promotional price of a crystal candlestick is the same at the two stores, that means the non-discounted price of the candlestick must be .

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answered: jlegrand9098

Absolute and Relative Percentage Terms

The promotional price of an antique music box at Annie's Attic is _$65_, and the promotional price of an antique music box at Betty's Breakables is _$60_.

Therefore, if you are in the market for an antique music box, you should buy it at _Betty's Breakables_.

The promotional price of a faux Ming vase at Annie's Attic is _$25_, and the promotional price of a faux Ming vase at Betty's Breakables is _$30_.

Therefore, if you are in the market for a faux Ming vase, you should buy it at _Annie's Attic_.

If the promotional price of a crystal candlestick is the same at the two stores, that means the non-discounted price of the candlestick must be __$60_.

Explanation:

a) Data and Calculations:

Annie's Attic Betty's Breakable

Promotional offers $15 25%

Non-discounted prices:

Antique music cost $80 $80

Faux Ming Vase $40 $40

Promotional prices:

Antique music $65 ($80 - $15) $60 (1 - 0.25) * $80

Faux Ming Vase $25 ($40 - $15) $30 (1 - 0.25) * $40

For the promotional price to be the same at the two stores, $15 will be equal to 25%, the two promotional offerings.

Therefore, the non-discounted price of the candlestick must be = $15/25% = $60

Annie's Attic = $45 ($60 - $15)

Betty's Breakables = $45 (1 - 0.25) * $60

answered: Guest

The right of freedom of speech possibly.

answered: Guest

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

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The following questions highlight how changes in numbers can be measured in both absolute and relati...