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:
8
Step-by-step explanation:.25 is lower than .5
Since 5/3 is an inproper fraction it then becomes 1 2/3 and if you put both of the fractions into a common denominator you get 1 16/24>15/24
Please give me a thanks if you feels it is the right answer
Answer: Your answer is X=6
Step-by-step explanation:
10/3 = 20/x
Determine the defined range
10/3 20/x, x=0
Cross-multiply
10x = 60
Divide both sides by 10
x=6,x=0
Check if the solution is in the defined range
SOLUTION x=6
<u><em>I HOPE THIS HELPS IF NOT THE SORRY</em></u>
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