Which of the Following Would Decrease the Price of Packaged

question 88

Multiple Choice

Which of the following would decrease the price of packaged hot dogs?

• A) A decrease in the price of hot dog buns, a complement to packaged hot dogs.
• B) An increase in the price of hamburger meat, a substitute for packaged hot dogs.
• C) A technological advance that lowers the cost of producing packaged hot dogs.
• D) An increase in the price of beef used to produce packaged hot dogs.

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Definitions:

Rate of Decrease

A measure of how quickly a quantity is diminishing over time, often expressed as a percentage or a ratio.

Percentage

A portion or share expressed as a fraction of 100, commonly used to compare differences in quantities.

Percentage

A rate, number, or amount in each hundred, represented by the symbol %.

Base

The fundamental component or main ingredient in a mixture, formula, or system.