Which situation would most likely take place in a market economy?
2 answers:
You might be interested in
Answer:
H. 552
Step-by-step explanation:
Circle graph information:
- Milk and eggs = x%
- Fruits and vegetables = 38%
- Cereals = 10%
- Meat and fish = 10%
- Sugar = 8%
- Fats and oils = 4%
Total consumption = 1840 pounds per person
First, calculate the percentage of milk and eggs (the value of x).
Total percentages = 100%
⇒ x + 38 + 10 + 10 + 8 + 4 = 100
⇒ x + 70 = 100
⇒ x = 30
Therefore, 30% of food consumption is milk and eggs.
To calculate the number of pounds of milk and eggs the average American consumes each year, simply find 30% of the total consumption:
= 30% of 1840
= 30% × 1840
= 552
Therefore, the average American consumes 552 pounds of milk and eggs each year.