Answer:
The answer is : 70288.46
Step-by-step explanation:
Your father earned $34,000 per year in 1984.
The CPI in 2014 is 215 and the CPI in 1984 is 104.
The CPI or consumer price index examines the weighted average of prices of goods and services like transportation, food etc.
The Current income equivalent will be = value in 1984 X ( CPI in 2014/CPI in 1984)
= 70288.46
<em>The complete exercise with the answer options is as follows:</em>
Mancini's Pizzeria sells four types of pizza crust. Last week, the owner tracked the number sold of each type, and this is what he found.
Type of Crust Number Sold
Thin crust 364
Thick crust 240
Stuffed crust 176
Pan style 260
Based on this information, of the next 3000 pizzas he sells, how many should he expect to be thick crust? Round your answer to the nearest whole number. Do not round any intermediate calculations.
Answer:
692 thick crust pizzas
Step-by-step explanation:
With the data given in the exercise, we must first find the total number of pizzas, then we must find the proportion between the thick crust pizzas and the total number of pizzas, finally we must propose a rule of three to find the new proportion of crust pizzas thick on a total of 3000 pizzas.
Type of Crust Number Sold
Thin crust 364
Thick crust 240
Stuffed crust 176
Pan style 260
total pizzas : 1040
Now we must calculate for 3000 pizzas how much would be the total of thick crust pizzas.For that we must use the relationship found, that is, in 1040 pizzas there are 240 thick crust pizzas
1040→240
3000→x
x= = 692
Now we have a new proportion that out of 3000 pizzas there are a total of 692 thick crust pizzas