Use Problem Solving Strategies to Solve the Problem

question 114

Multiple Choice

Use problem solving strategies to solve the problem.
-A mouse is at the bottom of a 10-foot-tall clock. Every hour he climbs up 3 feet. But when the clock strikes at the hour, he falls back 1 foot. If the mouse starts climbing at 8 a.m., at what time to the
Nearest minute will it reach the top of the clock?

• A)1:10 p.m.
• B)12:40 p.m.
• C)1:00 p.m.
• D)12:30 p.m.

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Definitions:

Excise Tax

A tax levied on specific goods or services at purchase such as alcohol, tobacco, and gasoline.

Elastic

Describes a situation in which the demand for a product or service significantly changes in response to a change in its price.

Deadweight Loss

A loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved.

Excise Tax

A tax imposed on specific goods, services, or transactions, often included in the price of products like tobacco, alcohol, and fuel.