Which of the Following Numbers Would Be Representative of a Number

question 32

Multiple Choice

Which of the following numbers would be representative of a number with a specified tolerance of +/-.001?

• A)2
• B)2.3
• C) 2.37
• D) 2.375

---

Definitions:

High-low Pricing

A retail strategy where items are initially offered at high prices but later discounted to stimulate sales.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices during a specified period of time.

Range of Sale Price

The difference between the highest and lowest selling price of a product in a marketplace over a defined period.

Gasoline Purchases

Transactions involving the buying of gasoline, typically for vehicles, reflecting consumer demand and market prices.