$165.00 Is What Percentage Less Than $247.50

question 124

Multiple Choice

$165.00 is what percentage less than $247.50?

• A)66 %
• B)33 %
• C)50%
• D)82.5%
• E)85%

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Definitions:

R&D

Research and Development, a business or government activity that focuses on the development of new products or the improvement of existing products.

Firm Sales

Firm sales refer to the total amount of revenue that a company generates from the sale of its goods or services within a specific time frame.

Oligopolists

Firms in a market structure dominated by a small number of large companies, having significant control over their industry's prices and policies.

Pure Monopolists

Firms that are the sole providers of a product or service in a market, facing no competition.