Which Shows How to Find the Net Price Equivalent with the Series

question 24

Multiple Choice

Which shows how to find the net price equivalent with the series discount 15/20/10 using the complement method?

• A) (0.15 × 0.2 × 0.1) × price
• B) [1 - (0.15 × 0.2 × 0.1) × price
• C) [1 - (0.85 × 0.8 × 0.9)] × price
• D) (0.85 × 0.8 × 0.9) × price

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Definitions:

Scarcity Principle

A psychological and economic principle stating that limited availability of a resource makes it more desirable and valuable.

Limited-number Technique

A marketing strategy that creates a sense of urgency by claiming a product is in short supply, urging quick consumer action.

Scarcity

A basic economic problem arising from the situation in which finite resources are insufficient to satisfy all human wants and needs.

Scarcity

A condition where resources are limited compared to the demands or needs, leading to competition and value appreciation.