In Order to Encourage Canadians to Avoid Cross Border Shopping

question 194

Multiple Choice

In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to keep the price of electronics in Canada equivalent to the price of electronics in its US stores before taxes. If a TV is sold for $700 in US stores, what should be the sale price of the same TV in Canadian stores? Use the exchange rate of US$0.966 per C$.

• A) $700
• B) $724.64
• C) $676.20
• D) $641.27
• E) $619.47

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Definitions:

Offspring Investment

The allocation of resources by parents to the growth, survival, and reproductive success of their children or young.

Persuasion

The act of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or appeal to emotion.

Credibility

The quality of being trusted and believed in or the extent to which someone or something is convincing or believable.

Message

A piece of information or communication sent from one person or entity to another, often through verbal, written, or digital means.