Raymond B. answered 01/13/21
Math, microeconomics or criminal justice
30% cost $9, so 70% cost some combination of $5 or $7
percent of $5 shirts is between 0% and 70%
An average of $6.50 means
30(9) + X(5) + (70-X)(7) = 100(6.5) = 650
270 + 5X +490 - 7X = 650
2X = 760-650 = 110
X = 110/2 = 55% are $5 shirts
70-X = 70-55 = 15% are $7 shirts
30% are $9
the weighted average cost of a shirt is
30(9) + 55(5) + 15(7) = 270+275 + 105 = 650 = $6.50 for average shirt cost