Use the Table Below to Answer the Following Question

question 88

Multiple Choice

Use the table below to answer the following question.
Table 20.4.3

-Refer to Table 20.4.3. An economy produces only cell phones, pens, and pizza. The table gives the quantities produced and prices in 2012 and 2013.
The base year is 2012.
The chained-dollar real GDP in 2013 is

• A)$13.
• B)$21.
• C)$125.
• D)$88.
• E)$19.

Understand the historical significance of Ani in the context of the Silk Roads and its geographical and cultural placement.

Recognize the development and impact of early civilizations and their contributions to society, including farming methods and social organization.

Appreciate the role and evolution of writing in ancient societies and its purposes.

Identify ancient cities and their contributions to human history, including architectural and infrastructural innovations.

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Definitions:

Return-on-investment (ROI)

A financial metric utilized to evaluate the efficiency of an investment or compare the efficiency of several different investments.

Business-to-business Markets

Markets focused on selling products or services from one business to another rather than to individual consumers.

Public Utilities

Organizations that provide essential services to the public such as water, electricity, natural gas, and telecommunications.

Target Return-on-sales Pricing

A pricing strategy where the price is set with the aim of achieving a specific return on sales percentage.