As a consumer - cost and price are the same thing. If you want to argue that it means the retailer's cost vs the consumer's price, then there is insufficient data to reach a conclusion.
Above you is what the OP said, the OP said the answer is not 1.5, and nothing more. And implies that some people have gotten the correct answer (though that could just be a semantics thing) with one of this comments. So the OP wants a graph of a line? I doubt this very much.
Maybe it's a subtle lead-in to a suggested alteration of economics: XKCD, (where else?). Please Register or Log in to view the hidden image!
Since some people don't get this it seems... x = 1 + 0.5*x So, x = 1 + 0.5x Solve for x, you have x = 2. So the book is $2.
I've just seen this. How can there have been so many posts? It is in the form of a question, but it isn't a question at all. Here's another you can debate for 60 odd posts. A child's toy that is completely black is half yellow. What proportion of it is Black?
\(\frac{3}{2}\) Please Register or Log in to view the hidden image! No doubt the problem in the OP is ill-posed... I've come across a lot of them in my time. They all have multiple valid answers. But, the math involved for the OP is so basic that it's easy to assume what is meant.
That depends on whether you want to be Black.Please Register or Log in to view the hidden image! Without me having to search through all the posts, has anyone posed the question so that it does make sense? People are bringing in algebra, to make wrong conclusions. x=x+1 Does that make sense? Well, no. Obviously. Does algebra have any system of logic to avoid false questions, so that this kind of thing does not happen?
IDK... I won't read this entire thread. Maybe... Price = (1+markup percent)*Cost So, C = 1 + 1/2*P = 1 + 1/2*(1+M)*C \(C = \frac{3}{2-M}\) Then it depends on the markup percent. Like if the markup was 50%, then C =$2. This question is stupid.
A ferkin' dollar. A book that costs a dollar, costs a dollar. The rest of the sentence in the question is meaningless. Don't pretend to argue with me.
He never rejected the $2 answer, he asked if I was sure. I am. What he DID do though was reject YOUR answer ($1.50) The first line of his reply makes it clear that only some are still struggling with this simple problem. That would be YOU. Arthur
Twice. Can't you take a hint? My answer was to point out that his question is ambiguous. I explained to you that ANY answer is valid. Don't worry, if you didn't get it by now, you never will.
