Question

If I use my debit card at the gas pump, I get a five-cent discount. Which of the following statements is
accurate?

(a) The absolute change in price is the same for all grades ofgas; the relative change in price for Regular (the cheapest) is the greatest.
(b) The absolute change in price is the same for all grades ofgas; the relative change in price for Premium (the most expensive) is the greatest.
(c) The relative change in price is the same for all grades ofgas; the absolute change in price for Regular (the cheapest) is the greatest.
(d) The relative change in price is the same for all grades of gas; the absolute change in price for Premium (the most expensive) is the greatest.

Answer 1

Answer:

(d) The relative change in price is the same for all grades of gas; the absolute change in price for premium (the most expensive) is the greatest.

Step-by-step explanation:

The debit card holders are offered discount if they use debit card for a payment. When the gas pump offers the discount the relative change in price is same. The banks offers discounts to its customers to encourage cashless payments.