If the Price of Motel Rooms Increases by 10% While

question 98

Multiple Choice

If the price of motel rooms increases by 10% while the prices of other goods and services increase by 5% on average, the relative price of motel rooms has:

• A)increased.
• B)decreased by 5%.
• C)decreased by 10%.
• D)remained constant.

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Definitions:

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, often considered key to personal development.

Personal Growth

The process of improving oneself through such activities as enhancing talents, increasing awareness, and building wealth.

Humanism

A philosophical stance that emphasizes the value and agency of human beings, individually and collectively, often preferring critical thinking and evidence over acceptance of dogma or superstition.

Sustainability

The ability to maintain or improve resources without compromising the ability of future generations to meet their needs.