Teller Company Has Designed a Caller ID Machine with a Large

question 6

Multiple Choice

Teller Company has designed a caller ID machine with a large screen that can be seen easily from across the room. The Sales Department believes that this product can be sold for $30 each. Teller requires that all new products yield 15% profit. What is the target cost of the new product?

• A) $26
• B) $4.50
• C) $30
• D) $25.50
• E) $28.50

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Definitions:

Translation

One step in a cell’s production of a protein, in which the cell “reads” the code represented in a strand of mRNA and creates a protoprotein based on that code.

Prenatal Development

The process of growth and development within the womb from conception until birth.

Genome

All of a person’s coded and non-coded DNA.

Gene Expression

The process by which DNA information is transmitted and translated to cells.