Ricardo is treating his employees and makes the following purchases at the store:
2 packages of bagels at $3.49 each
2 containers of cream cheese at $2.89 each
3 dozen doughnuts at $5.39 each
4 bottles of juice at $3.49 each
ricardo has a business account which saves him 5% on all purchases at this store. the discount is applied before tax. he is charged sales tax of 7%. if ricardo paid $45.89, then he for his purchase.
a.
did not pay enough
b.
paid the correct amount
c.
paid $2.29 too much
d.
paid $5.14 too much

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?