Internet Example (revised)
Chapter 11
Click on the appropriate links to get the information that
is needed. Then answer the questions.
- Assume that you have decided to make pasta for your
family dinner tomorrow night. You have decided to do your grocery
shopping online. Find the Online
Grocer Web site. Select the Grocery aisle in the left frame of the
Web site.
- Scroll through the list of grocery items and click on
Pasta. Give the cost per gram of the Catelli Macaroni (500g) to the
nearest tenth of a cent.
- Give the unit cost of the Unico Linguine (900g) to
the nearest tenth of a cent.
- Assuming that your family does not care which type of
pasta they have for dinner, which pasta is the better buy?
- Go back to the grocery aisle. Scroll through the list
of grocery items, and click on Pasta Sauce. Give the unit cost of the
Classico Spicy Red Pepper Spaghetti Sauce (700ml) to the nearest tenth
of a cent.
- Give the unit cost of the Hunt's Thick & Rich
Original Spaghetti Sauce (680ml) to the nearest tenth of a cent.
- Assuming that your family does not care which type of
pasta sauce they have with their pasta, which sauce is the better buy?
- The government calculates a number called the consumer
price index (CPI) to measure the cost of living. When the CPI
doubles, it means that, on average, prices have doubled. Find the Consumer
Price Index. The CPI scale used in this table considers the average
prices in the years 1982–1984 to be 100. Scroll to the right to find
the column labeled AVG. Use the average CPI values listed in this
column to answer the questions below.
- If an item cost $1 in 1920, about how much would you
expect it to cost in 2000 if it increased in price along with the CPI?
- If a home was purchased for $135,000 in 1990, and the
value of the home has gone up with the CPI, what is the value of the
home in 2001?
- In 2001, a 2001 Ford Mustang two-door coupe costs
about $17,000. What would you expect a new car of the same type to have
cost in 1995? In 1991? Round to the nearest hundred.
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