Here is a simple example. The inhabitants of a small island begin exporting beautiful cloth made from a rare plant that grows only on their island. Seeing how popular tl small quantity that they export has been, they steadily raise their prices. A clothing maker from New York, thinking that he can save money by "cutting out the middlema decides to travel to the small island and buy the cloth himself. Ignorant of the local custom of offering strangers outrageous prices and then negotiating down, the clothi maker accepts (much to everyone's surpise) the initial price of 400 tepizes/m². The price of this cloth in New York is 120 dollars/yard². Part A If the clothing maker bought 500 m² of this fabric, how much money did he lose? Use 1 tepiz = 0.625 dollar and 0.9144 m=1 yard. Express your answer in dollars using two significant figures.
Here is a simple example. The inhabitants of a small island begin exporting beautiful cloth made from a rare plant that grows only on their island. Seeing how popular tl small quantity that they export has been, they steadily raise their prices. A clothing maker from New York, thinking that he can save money by "cutting out the middlema decides to travel to the small island and buy the cloth himself. Ignorant of the local custom of offering strangers outrageous prices and then negotiating down, the clothi maker accepts (much to everyone's surpise) the initial price of 400 tepizes/m². The price of this cloth in New York is 120 dollars/yard². Part A If the clothing maker bought 500 m² of this fabric, how much money did he lose? Use 1 tepiz = 0.625 dollar and 0.9144 m=1 yard. Express your answer in dollars using two significant figures.
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
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