Evaluate the Expression Using Either the Order of Operations Agreement

question 31

Multiple Choice

Evaluate the expression using either the order of operations agreement or the distributive property.

• A) $2.98
• B) $20.98
• C) $20.86
• D) $21

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Definitions:

Mutual Interdependence

A situation in which entities rely on each other to a significant extent, particularly relevant in markets with a few dominant firms.

Antitrust Laws

Legislation enacted to prevent anti-competitive practices, monopolies, and to promote fair competition for the benefit of consumers.

Market Share

The portion of total sales in a market captured by a specific company, product, or brand, usually expressed as a percentage.

Monopolistic Competition

A market structure characterized by many sellers offering differentiated products, leading to competition that is neither purely competitive nor purely monopolistic.