Question

If the price of a dress is three times the price of a pair of shoes, then a pair of shoes contributes

Group of answer choices

a. exactly one-third as much to GDP as does a dress.

b. more than one-third as much to GDP as does a dress.

c. less than one-third as much to GDP as does a dress.

d. exactly three times as much to GDP as does a dress.

Answer 1

Answer-If the price of a dress is three times the price of a pair of shoes, then a pair of shoes contributes ,the correct answer is option A ,exactly one-third as much to GDP as does a dress because lets assume the price of dress is 300,hence the price of shoe will be 100,sale of pair of shoe will contributed 1/3 amount of a dress,hence its contribution to gdp will be 1/3 amount of a dress.

Option B is an incorrect answer because according to the above statement it cannot be more than one-third as much to gdp as does a dress.

Option C is an incorrect answer because it will not be less than one -third as much as much to gdp as does a dress according to the statement of the question.

Option D is an incorrect answer it will not be exactly three times as much to gdp as a dress does.