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The Price of a New Textbook Increased by 25 Percent

question 408

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The price of a new textbook increased by 25 percent and the price of a used textbook increased by 30 percent. What happened to the relative price of the new textbook?


Definitions:

Originally Neutral

Describes something that did not have a particular meaning, value, or impact until conditioned or associated with something else.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences, which may lead to a potential change in synthesizing information, depth of knowledge, or behavior.

Learning

The acquisition of knowledge, skills, behaviors, or preferences through study, experience, or teaching.

Behaviour

Describes the actions or reactions of an organism, usually in relation to its environment.

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