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Related to the Economics in Practice on Page 302: a Pair

Question 61

Multiple Choice

Related to the Economics in Practice on page 302: A pair of shoes at a local department store has a marked retail price of $80. These shoes are on a sale table where all items are priced at 25 percent off the retail price. The store is also having a promotion of an additional 25 percent off all sale-priced shoes. Based on these stackable discounts, what is the actual selling price of these shoes?


A) $25
B) $40
C) $45
D) $60

Correct Answer:

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