Jill Has a Fixed Budget and Buys All of the Items

question 44

Multiple Choice

Jill has a fixed budget and buys all of the items listed below. When will a 20% reduction in price cause her to change the amount she buys the most?

• A) scented candles, regular price is $25
• B) jasmine rice, regular price is $4/lb
• C) GAP jeans, regular price is $75
• D) flat-screen LCD TV, regular price is $400
• E) living room couch, regular price is $300

---

Definitions:

Holographic Will

A will entirely handwritten and signed by the testator, usually requiring no witnesses for validity under certain legal jurisdictions.

Fixed Income

A form of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule, including loans, bonds, and pensions.

Free Exercise Clause

A provision in the First Amendment of the U.S. Constitution that guarantees individuals the right to practice their religion freely, without government interference.

First Amendment

The First Amendment is part of the United States Constitution, protecting freedoms concerning religion, expression, assembly, and the right to petition.