You are provided with the following information about your city: Total population 2020 = 85,000 Median household income 2020 = € 36,000 Average household income 2020 = € 42,000 Sales of clothes and shoes per square meter in 2020 = € 2,340 Make whatever assumptions are needed and estimate the total required square meters of clothing and shoe stores in your city in 2021. Show clearly and explain all the formulas and assumptions that you use for your calculations.
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.
Given problem
Given that
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