A 3193 In In

question 315

Multiple Choice

A 31.93 in. long steel rod is to be cut into pieces 3.56 in. long. Each cut wastes 0.15 in. of rod in shavings. If 8 pieces are cut from the rod, how many inches of the rod are left?

• A) 2.25 in.
• B) 1.88 in.
• C) 3.21 in.
• D) 1.7 in.
• E) 2.1 in.

---

Definitions:

Political Candidates

Individuals who run for office in governmental elections, seeking to hold a position within a government body.

Consumer Sovereignty

The theory that consumer preferences determine the production of goods and services, making consumers the driving force of the economy.

Fundamental Economic Question

The basic inquiries regarding how a society decides on the allocation of scarce resources to satisfy unlimited wants.

Market System

An economic system where decisions regarding investment, production, and distribution are based on supply and demand.