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Close Date: Thu, Dec 1 4 , 2 0 2 3 6 : 0 0 PM Question 1 of 2 2 A footwear retailer sold

Close Date: Thu, Dec 14,20236:00 PM
Question 1 of 22
A footwear retailer sold 23 pairs of sneakers for $55 each, 12 pairs of leather shoes for $160 each, 22 pairs of boots for $245 each, and 14 pairs of canvas shoes for $65 each. Calculate the average price of shoes sold (rounded to the nearest cent) based on:
a. Weighted average of the pairs of shoes
b. Simple arithmetic average of the types of shoes
c. Which method is most suitable for determining average price of a shoe sold by the retailer?
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