Mr. Bunker lives on beer and pretzels

1.45 Mr. Bunker lives on beer and pretzels. In 2000, he bought 1000 six-packs of beer for $2.00 per six-pack and 500 bags of pretzels for $1.00 per bag. In 2010,Bunker’s beer cost $3.00 per six-pack and his pretzels cost $2.00 per bag. One way to calculate Bunker’s rate of inflation is 100* (C2010-C2000) C2000 where C2010 =cost of 1000 six-packs and 500 bags of pretzels in 2010 and C2000 = cost of 1000 six-packs and 500 bags of pretzels in 2000. What was the percentage increase in Bunker’s cost of living between 2000 and 2010? If we calculate a Bunker Price Index (BPI) and scale this BPI to equal 100 in 2000, what is the 2010 value of the BPI?1.30 A researcher wants to see if U.S. News & World Report rankings influence the number of applications received by colleges and universities. He obtains the unadjusted data shown in Table 1.17 on applications to one small liberal arts college. To take into account the nationwide growth of college applications, this researcher uses data from the Consortium on Financing Higher Education (COFE) showing that, during this period, college applications increased by an average of 4 percent per year. He consequently adjusted the number of applications to this college by dividing each value by 1.04. Identify his mistake and explain how you would calculate the adjusted values correctly. Do not do the actual calculations; just explain how you would do them.Table 1.17 Exercise 1.30 Number of Applications Unadjusted Adjusted1987 3192 3069.21988 2945 2831.71989 3176 3053.81990 2869 2758.71991 2852 2742.31992 2883 2772.11993 3037 2920.21994 3293 3166.31995 3586 3448.1

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Essay Fountain
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
English 3311- Professional Writing
Thank you, it looks good!
Customer 452919, January 28th, 2023
Sociology
Thanks to the entire team!
Customer 452919, December 8th, 2021
Business Studies
This is fantastic! Thank you so much for your hard work!
Customer 453131, November 16th, 2022
Sociology
I have never experienced receiving a paper past the due date and time. That is the only thing that displeases. I don't have time o Overall, your team does a great job.
Customer 452919, November 18th, 2021
Tourism
thank you
Customer 452933, November 20th, 2021
Social Work and Human Services
Thank you for presenting the paper n-time. The team is getting much better. I have used you guys for a at least 4 semesters and will continue throughout my college career.
Customer 452919, February 21st, 2024
Psychology
Awesome work!
Customer 452521, June 27th, 2020
Sociology
Thank you
Customer 452919, February 16th, 2024
Psychology
Thank you very much! I will be using your service again soon.
Customer 452665, March 18th, 2021
Education
Thank you so much!!! Will use this service again highly recommend this site!!!
Customer 452739, May 2nd, 2021
Sociology
Thank you
Customer 452919, March 23rd, 2022
Humanities
Always excellent service, appreciate all the hard work
Customer 452995, January 20th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat