Does anyone know what 8x+4 = 3x+2?
2 answers:
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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:
Option A. 0.20
Step-by-step explanation:
Observations from the given frequency table are :
Total number of beds sold at Cloud Nine Furniture = 3 + 6 + 4 + 2
= 15
Number of twin beds sold = 3
Then, probability that the next bed sold will be a twin bed,
= 0.20
Therefore, the probability that the next bed sold is a twin bed will be 0.20 or 20%.
Option A. is the correct answer.