HW7a Name______________________________5.5@score:

Your grandparents retire to a small farm where they sell pears to leaf-peepers each fall.

year P Q nom TR index realTR

1. 1. 50. 50. 50. __

2. 2. 110. 220. __. 220

3. 2. 80. __. 100. 160

4. 1. __. 200. 50. 400

5. __. 150. 450. 150. __

6. 2 400. 800. __. 800

7. 4. 225. __. 200. 450

1. The highest price per pound for their pears was $:

2. The lowest price per pound for their pears was $:

3. The most quantity sold was:

4. The least quantity sold was:

5. The highest nominal total revenue was $:

6. The smallest nominal total revenue was $:

7. The priciest index was:

8. The cheapest index was:

9. The highest real total revenue was $:

10. The smallest real total revenue was $:

answers: 1 3 4 50 50 50 100 100 100 100 160 200 200 300 400 800 900 900