One can Identify the differences between the rise in prices due to inflation and the rise in prices in microeconomic markets by?
- Observing the trends in prices.
- Observing Demand and supply curve.
<h3>Contrast the differences between the rise in prices due to inflation and the rise in prices in microeconomic markets.</h3>
The difference that exist between a rise in price due to the inflation and a rise in price due to microeconomic markets is based on the price changes that has occurred in terms of demand and supply model.
Note that this is said to be the price in a given market but the price rise as a result of to inflation tells that the price rise is one that reaches a lot of markets and not only just one market.
Hence, One can Identify the differences between the rise in prices due to inflation and the rise in prices in microeconomic markets by?
- Observing the trends in prices.
- Observing Demand and supply curve.
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Answer: The median is 13.5 and the mean is 13.3
Step-by-step explanation:
The median is the middle number when you arrange the data in ascending order. The mean is all the data added up and divided by the number of data points, which is 8. The mean was 13.25, but rounded to the nearest 10th is 13.3.
Given:
A car traveled 150 km in 3 hour.
To find:
The unit rate.
Solution:
We have,
Distance = 150 km
Time = 3 hours.
In this case speed is the unit rate.
Substituting the given values, we get
Therefore, the unit rate is 50 km/h.
Answer:
3 : 2
Step-by-step explanation:
27 : 18 reduce the numbers = 3 : 2
