Stadium Company Charges Cost Plus 60

question 71

Multiple Choice

Stadium Company charges cost plus 60%.If the price of an item is $260, what is the item's cost?

• A) $180
• B) $162.50
• C) $100
• D) $125.50
• E) $150.75

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Definitions:

Groupthink

Kind of thinking that occurs when people place more importance on maintaining group cohesiveness than on assessing the facts of the problem with which the group is concerned.

Challenger Disaster

A catastrophic event when the Space Shuttle Challenger broke apart shortly after liftoff on January 28, 1986, leading to the deaths of all seven crew members.

Bay Of Pigs

The Bay of Pigs refers to a failed invasion of Cuba in 1961 by a CIA-sponsored paramilitary group aiming to overthrow Fidel Castro's communist government.

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.