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Kim's Cupcake Shoppe Is Trying to Determine What Price to Charge

question 51

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Kim's Cupcake Shoppe is trying to determine what price to charge for its cupcakes, so Kim starts at $1.75 per cupcake and raises it by 25 cents each week, keeping track of how many she sells. Then she assesses what her cost was for the cupcakes and determines which price was the most profitable. What form of research is Kim conducting?


Definitions:

Water

A transparent, odorless, tasteless liquid compound of hydrogen and oxygen, H2O, essential for most plant and animal life and used by all living things.

Glass

A hard, brittle material typically made from silica, used in windows and other items for transparency and strength.

Cognitive Development

The process by which individuals acquire and understand knowledge through thought, experience, and the senses over the course of their life.

Teddy Bear

A soft toy in the form of a bear, designed as a plaything for children.

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