If the Absolute Price of a New Car Is $40,000

question 31

Multiple Choice

If the absolute price of a new car is $40,000 and the relative price of a laptop computer in terms of cars is 1/20 of a car,it follows that the absolute price of a laptop is

• A) $10,000.
• B) $1,000.
• C) $4,000.
• D) $2,000.
• E) There is not enough information to answer the question.

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Definitions:

Individual Brand

A marketing strategy where each product is marketed under its own unique brand name, emphasizing its distinct qualities and targeting a specific consumer segment.

Service

An intangible product that involves deeds, performances, or efforts that cannot be physically possessed.

Pioneering Ad

An advertisement aimed at creating awareness and interest in a new product or category that was not previously available.

Inform

To provide knowledge or information about a specific subject or event, typically aimed at educating or updating an audience.