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Make a table of the proportion, p, of household income spent on beef per week as a function of price and income. (Note that p
Make a table of the proportion, p, of household income spent on beef per week as a function of price and income. (Note that p is the fraction of income spent on beef.) None of the answers i'm getting is within 3 decimals that isnt 0.
The table below shows the quantity of beef bought in pounds per week as a function of the price of beef, P,and annual household income, Price of beer $ Ib 3.00 3.50 4.00 4.50 2.65 2.59 2.5 2.43 Household income per year, 1 ($1000) 40 4.14 4.05 3.94 3.88 60 5.11 | 5.00 | 4.97 | 4.84 80 5.35 | 5.29 | 5.19 | 5.07 100 5.79 | 5.77 | 5.60 | 5.53 Make a table of the proportion, P, of household income spent on beef per week as a function of price and income. (Note that P is the fraction of income spent on beef.) Round your answers to three decimal placesStep by Step Solution
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