Owner Has a Chance to Sell 3 Lots for a Total

question 32

Multiple Choice

Owner has a chance to sell 3 lots for a total sum of $96,000. Selling them separately, the owner will ask $2,000 more for Lot A than Lot B and $8,000 more for Lot B than Lot C. What price will be asked for Lot C?

• A) $22,000
• B) $24,000
• C) $26,000
• D) $32,000

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Definitions:

Healthcare Industry

The sector that provides medical services, manufactures medical equipment, and develops pharmaceuticals among other health-related activities.

High-Income Countries

Nations with a high gross national income per capita, indicating a generally high standard of living and economic productivity.

Real Expenditures

Total spending on goods and services, adjusted for inflation, to reflect the true economic value of transactions.

Medicare

A federal health insurance program in the United States for people who are 65 or older, some younger individuals with disabilities, and people with End-Stage Renal Disease.