A Video Game Sells at Arnolds for $14

question 120

Multiple Choice

A video game sells at Arnolds for $14.99. Arnolds marks the game up at 40% of the selling price. The cost of the video game to Arnold is:

• A)$6.00
• B)$8.99
• C)$6.50
• D)$9.10
• E)None of these

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Definitions:

Productivity

The measure of the effectiveness of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Quantitative Measure

An evaluation tool that uses numerical data to assess performance or outcomes.

Efficiency

The ability to accomplish a task or produce a desired outcome with the least amount of waste, effort, or resources.

Self-managers

Individuals who effectively regulate their own behavior and decisions towards achieving personal and professional goals.