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

Question 203

Multiple Choice

Related to the Economics in Practice on page 302: A television at a local electronics store has a marked retail price of $1,000. This television has been advertised at 40 percent off the retail price. The store is also having a promotion of an additional 50 percent off all sale-priced televisions. Based on these stackable discounts, what is the actual selling price of this television?


A) $100
B) $300
C) $350
D) $600

Correct Answer:

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