You Have a Used CD Store

question 37

Multiple Choice

You have a used CD store. At an estate sale, you can purchase 230 compact discs for $356.5. You believe you could sell the CDs for an average of $3.05 each. What is the net benefit of buying the CDs at the estate sale and selling them in your store?

• A) $445
• B) $545
• C) $645
• D) $345

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Definitions:

Specialize

To focus on a particular area of knowledge, skill, or production, often to increase efficiency or quality.

Trade

The exchange of goods, services, or both within or between countries, driven by the principle of comparative advantage.

Produce

To create, manufacture, or grow goods and products for consumption or sale.

Hair Scarves

Fabric pieces designed to be worn around the head or neck, often used for fashion, religious purposes, or hair protection.