During the worst periods of hyperinflation in a certain country, the price of food increased at...
During the worst periods of hyperinflation in a certain country, the price of food increased at a rate of 15% per month. State whether this increase was linear or exponential. If your food bill was $150 in one month during this period, what was it three months later?
Homework Answers
This was exponential as the increased rate was at 15% per month
You can understand the difference through some numerical examples. Take an arbitrary linear and exponential functions and try to increase them and see what happens.
E.g.,
Linear function, f(x)=10xf(x)=10x
Exponential function, g(x)=2x
Food bill after 3 months = 150*(1.15)^3 = $228.13
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During the worst periods of hyperinflation in a certain country,
the price of food increased at...
Iduring the worst periods of hyperinflation in a certain country, the price of food increase at...
Iduring the worst periods of hyperinflation in a certain country,
the price of food increase at a rate of 10% per month. State
whether this increase was linear or X potential. If your food bill
was 150 in one month during this period, what was it three months
later
Homework: Chapter 8 Homework Score: 0 of 1 pt 2 of 15 11 complete HW Score: 6.67%, 1 of 15 pt 8.A.11 Question Help During the worst periods of hyperinflation in...
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a) You are studying a population of aphids with an initial population size of 500. During...
a) You are studying a population of aphids with an initial
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♡ has a la r ing the Canadian Consumer Price of change in the price level...
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Iduring the worst periods of hyperinflation in a certain country,
the price of food increase at a rate of 10% per month. State
whether this increase was linear or X potential. If your food bill
was 150 in one month during this period, what was it three months
later
Homework: Chapter 8 Homework Score: 0 of 1 pt 2 of 15 11 complete HW Score: 6.67%, 1 of 15 pt 8.A.11 Question Help During the worst periods of hyperinflation in...
a) You are studying a population of aphids with an initial
population size of 500. During a one-month period, you observe 40
births and 15 deaths in the population. Estimate the value of r for
that month, and predict the population size in three months (from
the initial population size). Remember that r is the per capita
rate of population increase. (Assume exponential population
growth).
b) Imagine you are growing ciliates in a laboratory flask. The
carrying capacity is 1000...
Many businesses borrow money during periods of increased
business activity to finance inventory and accounts receivable.
Nordstrom, Inc., is one of America’s most prestigious retailers.
Each Christmas season, Nordstrom builds up its inventory to meet
the needs of Christmas shoppers. A large portion of these Christmas
sales are on credit. As a result, Nordstrom often collects cash
from the sales several months after Christmas. Assume that on
November 1 of this year, Nordstrom borrowed $4.8 million cash from
Bank of...
Many businesses borrow money during periods of increased business activity to finance inventory and accounts receivable. Neiman Marcus is one of America's most prestigious retailers Each Christmas season, Neiman Marcus builds up its inventory to meet the needs of Christmas shoppers. A large portion of these Christmas sales are on credit. As a result, Neiman Marcus often collects cash from the sales several months after Christmas. Assume that on November 1 of this year, Neiman Marcus borrowed $4.8 million cash...
♡ has a la r ing the Canadian Consumer Price of change in the price level of a fixed basket of consumer goods and hed by an urban Canadian family over a period of time. h ey were som in the Plia tobacco and alcohol the most heal e d in the CPI baskets transportation sed to call the inflation rate The most h y weighted hem in the CPI basket is theher T 2. Zimbabwe had one of the...
The average retirement age for a certain country was reported to be 56.4 years according to an international group dedicated to promoting trade and economic growth. With the pension system operating with a deficit, a bill was introduced by the government during the summer to raise the minimum retirement age from 60 to 62 Suppose a survey of 49 retiring citizens is taken to investigate whether the new bil has raised the average age at which people actually retire. Assume...
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