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14. the table shows the weekly change in the price of one gram of coppe…

Question

  1. the table shows the weekly change in the price of one gram of copper for four weeks.
weekchange in price ($)
2+2.15
3-0.25
4+2.50
  • by how much did the price of one gram of copper change from the beginning of week 1 to the end of week 4?
  • did the price increase or decrease? how do you know?
  • at the end of week 4, the price per gram of copper was $12.24. what was the price per gram at the beginning of week 1?

Explanation:

Response
First Sub - Question: By how much did the price of one gram of copper change from the beginning of week 1 to the end of week 4?

Step 1: Identify the changes each week

The changes in price per week are: Week 1: $- 1.50$, Week 2: $+2.15$, Week 3: $- 0.25$, Week 4: $+2.50$.

Step 2: Sum the changes

To find the total change, we add all the weekly changes together. So we calculate $(-1.50)+(2.15)+(-0.25)+(2.50)$.
First, add $- 1.50$ and $2.15$: $-1.50 + 2.15=0.65$.
Then, add $-0.25$ to the result: $0.65-0.25 = 0.4$.
Finally, add $2.50$ to the result: $0.4 + 2.50=2.90$.

Brief Explanations

To determine if the price increased or decreased, we look at the total change we calculated in the first sub - question. The total change from the beginning of week 1 to the end of week 4 is $+ 2.90$ (a positive value). A positive change in price means that the final price is higher than the initial price.

Step 1: Let the initial price be $x$

Let $x$ be the price per gram of copper at the beginning of week 1. The total change in price from the beginning of week 1 to the end of week 4 is $\$2.90$ (from the first sub - question). The price at the end of week 4 is the initial price plus the total change. So we have the equation $x + 2.90=12.24$.

Step 2: Solve for $x$

To find $x$, we subtract $2.90$ from both sides of the equation: $x=12.24 - 2.90$.
Calculating $12.24-2.90 = 9.34$.

Answer:

The price of one gram of copper changed by $\$2.90$ from the beginning of week 1 to the end of week 4.

Second Sub - Question: Did the price increase or decrease? How do you know?