Herb sells apples from his family's farm at the Farmer's Market on the weekends. His revenue is affected by the price that he charges per dozen of apples. Use the graph to estimate the revenue at $1.00/dozen and $2.00/dozen. Apple lale 400 200 eper Den Apples i The value of Sarah's stamp collection has been increasing by 5% cach year. If it is worth $300 now, how much will it be worth after 3 years? (Show the details of how you got your number.)

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 7SCQ: Go to this website (http://www.measuringworth.com/ppowerus/) for the Purchasing Power Calculator at...
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Herb sells apples from his family's farm at the
Farmer's Market on the weekends. His revenue is affected by
the price that he charges per dozen of apples. Use the graph to
estimate the revenue at $1.00/dozen and $2.00/dozen.
Apple Sales
200
Price per Deen Areles
The value of Sarah's stamp collection has been increasing by
5% cach year. If it is worth $300 now, how much will it be
worth after 3 years? (Show the details of how you got your
number.)
Revemue
Transcribed Image Text:Herb sells apples from his family's farm at the Farmer's Market on the weekends. His revenue is affected by the price that he charges per dozen of apples. Use the graph to estimate the revenue at $1.00/dozen and $2.00/dozen. Apple Sales 200 Price per Deen Areles The value of Sarah's stamp collection has been increasing by 5% cach year. If it is worth $300 now, how much will it be worth after 3 years? (Show the details of how you got your number.) Revemue
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