Solve the Problem. -If the Sales Tax on an Item Is 4%, the Is

question 85

Multiple Choice

Solve the problem.
-If the sales tax on an item is 4%, the sales tax on an item costing d dollars can be found by the expression 0.04d. Determine the sales tax on a camera that costs $640. Round your answer to the nearest cent.

• A) $19.20
• B) $25.60
• C) $32.00
• D) $256.00

---

Definitions:

Marginal Revenue

The extra income a company gains by selling an additional unit of a product or service.

Average Revenue

The revenue a company receives per unit of sales, calculated by dividing total revenue by the number of units sold.

Differentiate Product

The strategy businesses use to make their products or services stand out from competitors, often through unique features or branding.

Larger Profits

An increase in the surplus remaining after total costs are deducted from total revenue, indicating greater financial success for a business.