Select the Answer That Expresses the Result of This Calculation

question 55

Multiple Choice

Select the answer that expresses the result of this calculation with the correct number of significant figures.

• A)13.3568
• B)13.357
• C)13.36
• D)13.4
• E)13

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Definitions:

Price of the Good

The amount of money required to purchase a specific product or service in the market.

Resources Used

This term encompasses all the inputs, including labor, capital, and natural resources, utilized in the production of goods and services.

Tax on Milk

A specific fiscal policy imposing a financial charge on the sale or consumption of milk.

Household Income

The combined income of all members of a household, often used as a measure of the economic status of the household.