Use the table below to answer the following question. \table[[Category, \table[[Number of], [people], [( millions)]]], [Institutionalized, 14], [Full-time workers, 103], [Less than 16 years of age,40], [Armed forces (non - civilian), 20], [Part- time workers,27], [Population, 314], [Looking for work,14]] What is the unemployment rate for this economy based on the data provided? % Use the table below to answer the following question. Category Institutionalized Full-time workers Less than 16 years of age Armed forces (non-civilian) Part-time workers Population Looking for work Ć What is the unemployment rate for this economy based on the data provided? Number of people (millions) 14 103 40 20 27 314 14

Use the table below to answer the following question. \table[[Category, \table[[Number of], [people], [( millions)]]], [Institutionalized, 14], [Full-time workers, 103], [Less than 16 years of age,40], [Armed forces (non - civilian), 20], [Part- time workers,27], [Population, 314], [Looking for work,14]] What is the unemployment rate for this economy based on the data provided? % Use the table below to answer the following question. Category Institutionalized Full-time workers Less than 16 years of age Armed forces (non-civilian) Part-time workers Population Looking for work Ć What is the unemployment rate for this economy based on the data provided? Number of people (millions) 14 103 40 20 27 314 14

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150- foot rolls and sells for $215 per roll. However, RSR offers quantity discounts. The following table shows the price per roll depending on order size: Quantity Ordered From To 1 60 61 120 121 240 241 and up Price per Roll $215 $195 $175 $155 Click on the datafile logo to reference the data. DATA file (a) Use the XLOOKUP function with the preceding pricing table to determine the total revenue from these orders. (b) Use the COUNTIF function to determine the number of orders in each price bin. From To Price per Roll Number of Orders 1 60 $215 61 120 $195 121 240 $175 241 and up $155 172 13 0.0
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