On January 1, Lucy has the following cattle Age Quantity Price 1 year old cattle New born calf 100 P8,000.00 30 4,000.00 On January 3, 10 calves is born On December 31, the market price is as follows Age 2 year old cattle P15,000.00 1 year old cattle 11,000.00 New born Calf 5,000.00 Assignment Compute for the physical change Compute for the price change

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
ChapterA: The Use Of Mathematics In Principles Of Economics
Section: Chapter Questions
Problem 3RQ: Exercise A3 What dome slices of a pie chart represent?
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Compute for the physical change
Compute for the price change
On January 1, Lucy has the following cattle
Age
Quantity
Price
1 year old cattle
100
P8,000.00
New born calf
30
4,000.00
On January 3, 10 calves is born
On December 31, the market price is as follows
Age
2 year old cattle
P15,000.00
1 year old cattle
11,000.00
New born Calf
5,000.00
Assignment
Compute for the physical change
Compute for the price change
Transcribed Image Text:On January 1, Lucy has the following cattle Age Quantity Price 1 year old cattle 100 P8,000.00 New born calf 30 4,000.00 On January 3, 10 calves is born On December 31, the market price is as follows Age 2 year old cattle P15,000.00 1 year old cattle 11,000.00 New born Calf 5,000.00 Assignment Compute for the physical change Compute for the price change
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