During a One-Day Special, a Grocery Store Sells Cucumbers at 98

question 56

Short Answer

During a one-day special, a grocery store sells cucumbers at 98 cents each or four for the price of three. At the end of the day, the store's computer reports that revenue from the sale of 541 cucumbers was $418.46. How many cucumbers were sold on the four-for-three promotion?

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Definitions:

Price Ceiling

A government-imposed limit on how high the price of a product can be charged in the market, usually to protect consumers.

Legal Minimum

A legally established lower boundary on the price at which a good or service can be sold in the market.

Market Price

The contemporary price point at which goods or services can be transacted in a trading space.

Rent-Control Laws

Regulations that limit the amount landlords can charge for leasing residential properties to ensure affordability.