Two Numbers That Differ by 19 Have a Sum of 53

question 95

Multiple Choice

Two numbers that differ by 19 have a sum of 53. Find the smaller of the two numbers.

• A) 0
• B) \(\frac { 53 } { 2 }\)
• C) 17
• D) 19

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Definitions:

Reference Pricing

Reference pricing is a pricing strategy wherein the price of a product is determined relative to the price of similar products or a benchmark in the market.

Penetration Pricing

A pricing strategy where the price of a product is set lower than the competitors' to gain market share rapidly.

Price Skimming

Price Skimming is a pricing strategy where a higher initial price is set for a new or innovative product, gradually lowering the price over time as the market saturates or competition increases.

Psychological Pricing

Setting the price of a product in a way that will alter its perception by customers.