Solve the Problem. -The Price of a Printer Was Reduced from $400 to from $400

question 82

Multiple Choice

Solve the problem.
-The price of a printer was reduced from $400 to $260. What was the percent of decrease?

• A)35%
• B)65%
• C)40%
• D)53.8%

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Definitions:

Cost Of Capital

The expense incurred by an entity to fund its operations and growth, typically comprising interest on debt and dividends on equity.

Cost Of Labor

The total amount paid to employees for their work, including wages, benefits, and any other compensation.

Isocost Line

A graph line representing all combinations of inputs that have the same total cost for a firm.

Total Cost

The sum of all costs incurred by a firm in the production of goods or services, including both fixed and variable costs.