A Company Sells Three Different Products

question 10

Multiple Choice

A company sells three different products.The first costs $8 and sells for $16,the second costs $18 and sells for $45,while the third costs $36 and sells for $120.Which of the following is not true?

• A)The gross profit percentages on the individual products are 50%,60%,and 70%,respectively.
• B)The third product has the highest gross profit.
• C)If the company can persuade some customers to switch to the third product,overall gross profit percentage will increase.
• D)The product with the highest dollar amount of gross profit will always be the product with the highest gross profit percentage.

---

Definitions:

Social Experiment

A research project or activity designed to test social theories through controlled interventions in the real-world or experimental settings, often to study the effects of changes in behavior or social dynamics.

Common Reaction

A typical or widely shared response or behavior in face of a particular situation or stimulus.

Mimic Behaviour

The act of imitating or reproducing the actions, speech, or mannerisms of another person or group.

Driving While Black

Refers to the racial profiling and discriminatory practice of law enforcement officers targeting African American drivers for traffic stops and searches without evidence of wrongdoing.