Give the Appropriate Counting Number Answer to the Problem

question 98

Multiple Choice

Give the appropriate counting number answer to the problem.
-An appliance store sells 28 refrigerators a week. Without finding the exact amount, calculate the total amount of money the store makes in a week if each refrigerator costs $619.

• A)$18,000
• B)$21,000
• C)$12,000
• D)$14,000

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Definitions:

Consumer Dollar

The purchasing power of a consumer's money, indicating the quantity of goods and services it can buy.

Consumer Market

The consumer market refers to the marketplace where individuals and households buy goods and services for personal use.

Trade Surpluses

A situation where a country exports more than it imports, resulting in a positive balance of trade.

Gross Saving Rate

The proportion of total national income that is not spent on consumption or taxes, indicating the amount saved.