The following questions highlight how changes in numbers can be measured in both absolute and relative, or percentage, terms. Two stores in a mall are having promotions. The first, Annie's Attic, is offering $20.00 off any purchase. The other, Betty's Breakables, is offering 35% off any purchase. Each store offers a music box at a (non-discounted) price of $80 and a faux Ming vase for $60.00, as summarized in the following table. Determine the promotional price of each item at each store. Item Original Price Discount (Dollars) $20.00 Off 35% Off (Dollars) (Dollars) A music box $80 $ $ A faux Ming vase $60.00 $ $ Suppose a friend of yours wants to buy a crystal candlestick. You remember seeing this item.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter1: Introducing The Economic Way Of Thinking
Section1.A: Applying Graphs To Economics
Problem 2SQ
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The following questions highlight how changes in numbers can be measured in both absolute and relative, or percentage, terms. Two stores in a mall are having promotions. The first, Annie's Attic, is offering $20.00 off any purchase. The other, Betty's Breakables, is offering 35% off any purchase. Each store offers a music box at a (non-discounted) price of $80 and a faux Ming vase for $60.00, as summarized in the following table. Determine the promotional price of each item at each store. Item Original Price Discount (Dollars) $20.00 Off 35% Off (Dollars) (Dollars) A music box $80 $ $ A faux Ming vase $60.00 $ $ Suppose a friend of yours wants to buy a crystal candlestick. You remember seeing this item.

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