Jane Westerlund Owns a Small Retail Picture Frame Store in a Local

question 105

Multiple Choice

Jane Westerlund owns a small retail picture frame store in a local strip mall.She just bought 10 picture frames from a promising woodworker for $36 each.Based on market conditions,she will sell these for $100 each.Recently,however,sales have been a bit slow.Jane decides to reduce the price for the frames to $80.What is her maintained markup in dollar terms?

• A)$100
• B)$20
• C)$44
• D)$64
• E)$0

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Definitions:

Social Egalitarian

Advocating for social equality and a belief in the equitable distribution of wealth and opportunities among all people.

Libertarian

describes a political philosophy that emphasizes freedom, autonomy, and voluntary association, with a significant emphasis on individual rights and minimal state intervention.

Unjust

Unjust refers to something that is not based on or behaving according to what is morally right and fair.

Categorical Imperative

A foundational concept in ethics, particularly within Immanuel Kant's philosophy, that requires individuals to act according to principles that could be universally applied.