In the year 2008, the United States was just entering a major recession. You are researching how various consumer prices changed in the ten-year period starting in 2008 and ending in 2018. Suppose you have located the following chart listing various consumer purchases and their costs in 2008 and 2018, as well as the percentage change based on the 2008 prices. Unfortunately, portions of the chart are missing. Fill in the blank spaces to complete the chart for your story. Round percent answers to the nearest tenth of a percent. Round dollar amount answers to the nearest whole dollar. Consumer Purchase 2008 2018 Percent Change Single-Family Home median resale price (for a particular month) $237,300 $290,700 % A particular compact car MSRP for the manual transmission $20,300 $ 13.2% Pair of Jeans easy fit, stonewashed $44.40 $59.95 % A particular fast food hamburger Average price at company-owned restaurants $2.97 $3.93 % Submit Assignment
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Consumer Purchase | 2008 | 2018 | Percent Change |
---|---|---|---|
Single-Family Home median resale price (for a particular month) |
$237,300 | $290,700 | % |
A particular compact car MSRP for the manual transmission |
$20,300 | $ | 13.2% |
Pair of Jeans easy fit, stonewashed |
$44.40 | $59.95 | % |
A particular fast food hamburger Average price at company-owned restaurants |
$2.97 | $3.93 | % |
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