1. a) b) c) Bob is shopping at a clothing store that is currently having a 25% off sale on all items. Where he lives, Bob must add 13% tax to the selling price for the final total. Create an equation, s(p) that relates the regular price, p, to the sale price, s, both in dollars. Create an equation, t(s) that relates the sale price, s, to the total cost, t, both in dollars. Create a composite function that expresses the total cost in terms of the regular price. Using this equation, how much did Bob pay for a jacket that's regular price $95.99?
1. a) b) c) Bob is shopping at a clothing store that is currently having a 25% off sale on all items. Where he lives, Bob must add 13% tax to the selling price for the final total. Create an equation, s(p) that relates the regular price, p, to the sale price, s, both in dollars. Create an equation, t(s) that relates the sale price, s, to the total cost, t, both in dollars. Create a composite function that expresses the total cost in terms of the regular price. Using this equation, how much did Bob pay for a jacket that's regular price $95.99?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:1.
a)
b)
c)
Bob is shopping at a clothing store that is currently having a 25% off sale on all items. Where he lives, Bob must
add 13% tax to the selling price for the final total.
Create an equation, s(p) that relates the regular price, p, to the sale price, s, both in dollars.
Create an equation, t(s) that relates the sale price, s, to the total cost, t, both in dollars.
Create a composite function that expresses the total cost in terms of the regular price. Using this equation,
how much did Bob pay for a jacket that's regular price $95.99?
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