Answer:
Step-by-step explanation:
The information given in the question can be represent in a table format for better understanding with the additional columns as follows:
Items Weights Q₀ Prices P₀ Prices P₁ P₀Q₀ P₁Q₀
Cashew 1 $12.50 $17.00 $12.50 $17.00
Pecans 1 $4.00 $4.00 $4.00 $4.00
Almonds 1 $5.50 $3.00 $5.50 $3.00
Total $22 $24
Can you say what happened to the overall "price level"?
The changes in overall price level can be a result of a condition termed as inflation rate
How might you construct a measure of the "change in price level"?
To construct a measure of the change in price level; we need to determine the consumer price index (CPI).
The consumer price index can be determined by using the relation:
= 109.0%
consumer price index (CPI) is 109.0% ; This implies that there is a 9.9% inflation in the economy.
Answer:
Step-by-step explanation:
You can multiply the numerator and denominator by 2
(4.5/5.5)(2/2)=9/11
Lets write as an equation the info provided in the problem:
original area = 200*300 = 60000 squared meters
Adding x meters to the length is: 300 + x
Adding x meters to the width is: 200 + x
If the area doubles in size we have: 2*<span>60000
Now writing as a single equation all info:
(300 + x)(200 + x) = 120000
We have to make the operations and solve:
60000 + 300x + 200x + x^2 = </span><span>120000
x^2 + 500x - 60000 = 0
This is a squared trinomial, to solve it we need two numbers that subtracted give us 500 and multiplied -60000:
(x + 600)(x -100) = 0
So there are two solutions, x = -600 and x = 100, we choose the positive one:
x = 100
thererefore the value of x is 100 meters</span>
Provided his $100 budget is for millage only
100/22= $4.54 per day for miles
4.54/0.27= 16.835 miles per day
Answer:
3/4
Step-by-step explanation:
Jessica shaded 6/8 of the circle. That fraction can be reduced by removing a factor of 2 from numerator and denominator. The reduced fraction is 3/4.
