Calculate the List Price Based on the Information Given Below

question 29

Short Answer

Calculate the list price based on the information given below.
$$\begin{array} { | l | l | l | l | } \hline\text { Item } & \text { List Price } & \text { Chain Discount } & \text { Net Price } \\\hline \text { Grill } & ? & 3 / 5 & 258.02 \\\hline\end{array}$$

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Definitions:

Absolute Threshold

The minimum amount of sensory stimulation that can be detected 50% of the time.

Difference Threshold

A measure of the smallest increase or decrease in a physical stimulus that is required to produce a difference in sensation that is noticeable 50% of the time.

Psychophysical Threshold

The minimum level of stimulus intensity perceived by the sensory system.

Just Noticeable Difference

The smallest difference in stimulation required to detect a change in sensory inputs, also known as the difference threshold.