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Eggs cost \( \$ 2.90 \) in 2020. In 2022 , it cost \( \$ 3.77 \).

Ask by Cruz Spencer. in the United States
Mar 09,2025

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Answer

The cost of eggs increased by about 30% from 2020 to 2022.

Solution

1. Calculate the difference in cost between 2022 and 2020: \[ \text{Difference} = 3.77 - 2.90 = 0.87 \] 2. Find the percent increase relative to the 2020 price using the formula: \[ \text{Percent Increase} = \left(\frac{\text{Difference}}{\text{Original Price}}\right) \times 100 \] 3. Substitute the values into the formula: \[ \text{Percent Increase} = \left(\frac{0.87}{2.90}\right) \times 100 \approx 30\% \] Thus, the cost of eggs increased by approximately \(30\%\) from 2020 to 2022.

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Bonus Knowledge

Did you know that the price of eggs can be influenced by various factors such as feed costs, demand, and even the avian influenza outbreaks? In recent years, we've seen fluctuations in egg prices due to changes in these factors, reflecting the challenges faced by farmers and economic conditions. It’s quite fascinating how these details affect what you pay at the grocery store! In case you’re looking to save some money while still enjoying those delicious eggs, consider buying in bulk or opting for local farms. Not only can this sometimes lower the price, but you also get fresher eggs! Cooking at home instead of eating out can also make an impact on your overall egg budget. Happy cooking!

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