The Price of a New Car Increased by 2/3 Over

question 48

Essay

The price of a new car increased by 2/3 over the last five years. If the original price of the car was $6,000, what is the price today?

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Definitions:

Compulsive Consumption

is the excessive shopping behavior characterized by an uncontrollable urge to buy, often leading to personal, social, or financial problems.

Impulse Buying

The act of purchasing items on the spur of the moment, driven by emotional rather than rational decision-making processes.

Counterfeiting

The illegal replication of products, currency, or documents with the intent to deceive or defraud by passing off the imitation as genuine.

Fake Versions

Non-genuine imitations of products, often of lower quality and illegally produced, intended to deceive consumers.