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.
.5x.5x3=.75
Answer: 75
hope this helps :)
Answer:
It will take him about 13 houses to sell the 5 candy bars.
Pat has an 18% chance of selling his last candy in the 11th house.
Step-by-step explanation:
Since Pat is required to sell candy bars to raise money for the 6th grade field trip, and there is a 40% chance of him selling a candy bar at each house, and he has to sell 5 candy bars in all, to determine the number of houses it takes and determine the probability he sells his last candy bar at the 11th house, the following calculations must be performed:
5 / 0.40 = X
12.5 = X
So, it will take him about 13 houses to sell the 5 candy bars.
5/11 = X
0.45 = X
0.45 x 0.4 = 0.18
Thus, Pat has an 18% chance of selling his last candy in the 11th house.
Answer:
Step-by-step explanation:
1. 6.96 in
2. 2.6 in
3. 8.1 in
4. 5.6 m
5. 1.89 cm
6. 6 in
The two numbers I think is 3&6 because this is a trick question