Lumber King Sells 2x4 Studs for $3

question 167

Multiple Choice

Lumber King sells 2x4 studs for $3.15 each less 15%. Its competitors across town offer the same stud for $3.55 less 22%, 18%. What additional rate of discount must Lumber King offer to meet the competitor's price?

• A) 16.392%
• B) 15.198%
• C) 14.188%
• D) 16.232%
• E) 13.023%

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Definitions:

Biological Need

Fundamental requirements for human survival and well-being, such as food, water, shelter, and sleep.

Conformity Springs

Likely not a recognized term; NO.

Public and Private

Distinguishing between the domains of societal, governmental interaction and individuals' personal life.

High Status

Refers to individuals or groups that occupy a position of respect, power, or prestige within a social hierarchy.