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:
Check pdf
Step-by-step explanation:
Answer:
20.7 miles
Step-by-step explanation:
1 + 2 = 3
1.6 + 2.3 = 3.9
3.9 + 3 = 6.9
6.9 x 3 = 20.7
Answer:
hi
use pie r ( l + r )
Step-by-step explanation:
hipe this may help you
Answer:
x = -8
Step-by-step explanation:
I will show each step algebraically. If you need further explanation, feel free to ask questions :)
Rewrite
Subtract 7
Multiply by reciprocal (2/1)
I hope this helps!