On Aprill 1, the price of gas at Bob's Corner Station was $3.50 per gallon. On May 1 , the price was $4.25 per galion, On June 1 , it was back down to $3.50 per gallon. Between April 1 and May 1 , Bob's price increased by and the prices across the street is whe Some economists blame hilgh commodity prices (including the price of gas) on interest rates being too low. Suppose the Fed raises the target for the federal funds rate from 2% to 2.5%. This change of its target by approximately 1 , the price of gas at Bob's Corner Station was $3.50 per gallon. On May 1 , the price was $4.25 per gallon. On gallon. April 1 and May 1 , Bob's price increased by , or May 1 and June 1 , Bob's price decreased by se that at a gas station across the street, prices are alwa prices across the street is economists blame high commodity prices (including the phice orgas) on interest rates being too low. ose the Fed raises the target for the federal funds rate from 2% to 2.5%. This change of percentage poin get by approximately On April 1, the price of gas at Bob's Corner Station was $3.50 per gallon. On May 1 , the price was $4.25 per gallon. $3.50 per gallon. Between April 1 and May 1 , Bob's price increased by , or Between May 1 and June 1 , Bob's price decreased by Suppose that at a gas station across the street, prices $3.50 ays 20% higher than Bob's. In absolute dollar terms, th and the prices across the street is when $0.75 s $4.25 than when gas costs $3.50. Some economists blame high commodity prices (inclu $4.25 price of gas) on interest rates being too low. Suppose the Fed raises the target for the federal funds rate from 2% to 2.5%. This change of its target by approximately On April 1 , the price of gas at Bob's Corner Station was $3.50 per gallon. On May 1 , the price was $4.25 per gallon. On June 1 , $3.50 per gallon. Between April 1 and May 1, Bob's price increased by, or Between May 1 and June 1 , Bob's price decreased by, or and the prices across the street is when gas costs 21.43% when gas costs $3.50. Some economists blame high commodity prices (including the p on interest rates being too low. Suppose the Fed raises the target for the federal funds rate from2\%twz=5\%. This change of its target by approximately percentage points means $3.50 per gallon. Between April 1 and May 1, Bob's price increased by , or Between May 1 and June 1 , Bob's price decreased by , or Suppose that at a gas station across the street, prices are always 20% higher than Bob's. In absolute dollar teri and the prices across the street is when gas costs $4.25 than when gas costs $3.50. Some economists blame high com es (including the price of gas) on interest rates being too low. Suppose the Fed raises the target ror cremederal funds rate from 2% to 2.5%. This change of percen its target by approximately 1, the price of gas at Bob's Corner Station was $3.50 per gallon. On May 1, the price was $4.25 per gallon. On June 1 , it was back down to r gallon. April 1 and May 1 , Bob's price increased by , or May 1 and June 1, Bob's price decreased by, or that at a gas station acros prices across the street is conomists blame high commodity prices (including the price of gas) on interest rates be to by approximately percentage points means that the Fed ralsed On April 1, the price of gas at Bob's Corner Station was $3.50 per gallon. On May 1 , the price wa $3.50 per gallon. Between April 1 and May 1 , Bob's price increased by , or Between May 1 and June 1 , Bob's price decreased by , or Suppose that at a gas statio 20%; the street, prices are always 20% higher than Bob's. In abse and the prices across the st when gas costs $4.25 than when gas costs $3.50 Some economists blame hio 25% odity prices (including the price of gas) on interest rates bein Suppose the Fed raises the 50%r the federal funds rate from 2% to 2.5%. This change of its target by approximately \begin{tabular}{l|l} 204x=12 & x=8 \\ P Organize each of the following equa & P=2020 \\ P=20+Q \end{tabular} \mid s P as a function of Q. Q as a function of PP as a f P=Q20 Q=205P 8Q=182PP=94Q P=451Q P=20+5Q as a function of Q Organize each of the following equa P=20Q QasafunctionofPQ=20PPasafP=205Q Q=205P