Lavinia bought 1,000 ounces of silver when the price was $33 an ounce. Recently the price was $22 an ounce. How much less is Lavinia’s silver worth than when she bought it?(1 point)
Lavinia's silver was worth 1000 * $33 = $<<1000*33=33000>>33,000 when she bought it.
The current value of her silver is 1000 * $22 = $<<1000*22=22000>>22,000.
Lavinia's silver is thus worth $33,000 - $22,000 = $<<33000-22000=11000>>11,000 less. Answer: \boxed{11,000}.