A DVD Player Has a List Price of $249 and Is

question 109

Multiple Choice

A DVD player has a list price of $249 and is subject to a trade discount of 35%. Calculate the net price.

• A) $411
• B) $336
• C) $214
• D) $162
• E) $87

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Definitions:

Necessary and Proper Clause

A provision in the U.S. Constitution granting Congress the power to pass all laws deemed necessary and proper for executing its enumerated powers.

Equal Representation

The principle of giving each group or jurisdiction, regardless of size or population, the same number of representatives in a legislative or decision-making body.

Dual Federalism

A political arrangement in which state governments and the federal government each have defined, but separate, powers and responsibilities.

Reform Period

A time frame in which significant changes are made to social, political, or economic institutions and practices.