Sophia T.
asked • 11/20/17Suppose there are only 10 families in the US, and that the average wealth is $800 per family.
Suppose there are only 10 families in the US, and that the average wealth is $800 per family. If wealth were evenly distributed, how much would each of the 10 families have? That is, if all 100 families each had the same amount, how much would each have so that the average wealth is $800 per family?
What is the total wealth of our small country of 100 families?
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1 Expert Answer
Mark M. answered • 11/20/17
Tutor
5.0
(278)
Mathematics Teacher - NCLB Highly Qualified
Evenly distributed each family has $800!
The total wealth would be 100($800)!
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Andrew M.
11/21/17