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4. The average price of PAcsA Food Basket provided on the following page, appeared in a newspaper on 27 March 2014. 4.1 Answer the following questions. 4.1.1 By how much did the price of cabbage change from January 2014 to February 2014? 4.1.2 By how much did the price of chicken change from January 2014 to February 2014?

Ask by Schofield Ortiz. in South Africa
Mar 07,2025

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Answer

To find the price changes: 1. **Cabbage:** - January 2014 price: \( C_J \) - February 2014 price: \( C_F \) - Change: \( \Delta C = C_F - C_J \) 2. **Chicken:** - January 2014 price: \( H_J \) - February 2014 price: \( H_F \) - Change: \( \Delta H = H_F - H_J \) Provide the specific prices to get the exact changes.

Solution

To solve the problem, we need to extract the prices of cabbage and chicken for January 2014 and February 2014 from the provided data. However, since I don't have access to the specific page or data mentioned, I will guide you on how to approach the problem. 1. **Extract Known Conditions:** - Identify the price of cabbage in January 2014. - Identify the price of cabbage in February 2014. - Identify the price of chicken in January 2014. - Identify the price of chicken in February 2014. 2. **Calculate the Change in Prices:** - For cabbage: - Let \( C_J \) be the price of cabbage in January 2014. - Let \( C_F \) be the price of cabbage in February 2014. - The change in price of cabbage is calculated as: \[ \Delta C = C_F - C_J \] - For chicken: - Let \( H_J \) be the price of chicken in January 2014. - Let \( H_F \) be the price of chicken in February 2014. - The change in price of chicken is calculated as: \[ \Delta H = H_F - H_J \] 3. **Final Calculation:** - Substitute the values of \( C_J \), \( C_F \), \( H_J \), and \( H_F \) into the equations to find \( \Delta C \) and \( \Delta H \). If you can provide the specific prices for cabbage and chicken for January and February 2014, I can help you with the calculations.

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Beyond the Answer

In March 2014, the average price of the PACsA Food Basket highlighted a significant shift in the cost of essential food items. If cabbage prices increased over the one-month period, it could indicate factors such as seasonal supply disruptions or rising demand for healthy vegetables. Similarly, if chicken prices fluctuated during this time, it might reflect changes in production costs, including feed prices or market conditions affecting livestock. To avoid common pitfalls in budget planning with these price changes, it's essential to verify data sources and ensure you have the correct figures for the months in question. A common mistake is comparing prices from different regions or suppliers without accounting for variability in local market dynamics. Always aim for direct comparisons to maintain accuracy in calculations!

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