Posted by **Re re** on Wednesday, February 10, 2010 at 12:53pm.

The price of a certain commodity is a function of supply and demand. The table below shows the price of commodity per barrel between 1995 and 2000. Find the average anual rate of change between 1998 and 2000.

Year Price/barrel

1995 $19

1996 $24

1997 $17

1998 $11

1999 $24

2000 $35

Please explain how to get the answer

## Answer this Question

## Related Questions

- Math - The pric of a certain commodity is a function of supply and demand. The ...
- math - supply and demand: for a certain commodity the supply equation is given ...
- Math - The demand for a commodity generally decreases as the price is raised. ...
- calculus - assume that is the rate of change of the unit price of a commodity is...
- math - The demand function for a certain commodity is approximated by: p = 100e-...
- Calc - The demand for a commodity generally decreases as the price is raised. ...
- math - The price p per kilogram when x kilograms of a certain commodity are ...
- Economics~~URGENT!!! - i am not a spoon feeder, i just dont have any idea about ...
- Math (I've been on this problem for 3 hours) - If the supply and demand ...
- Economic - Cost and benefit analysis - i am not a spoon feeder, i just dont have...