Asked by Mehul Mundhada on Jun 26, 2024
Verified
The Yamamotos use natural gas to heat their home.Last year they paid $14.50 per thousand cubic feet (Mcf).The price increased 20% this year,so they are now paying $17.4 per Mcf.
Thousand Cubic Feet
A unit of measure used primarily in the United States for volume, often in reference to the consumption or production of natural gas.
Natural Gas
A fossil fuel used as a source of energy for heating, cooking, and electricity generation, composed mostly of methane.
Mcf
A standard measurement of natural gas volume, equivalent to 1,000 cubic feet.
- Execute basic math for computing unit pricing and the distribution of budget allocations.
- Analyze different types of expenses and understand their impact on budgeting.
Verified Answer
JJ
Joey Juvens PierreJun 30, 2024
Final Answer :
True
Explanation :
The statement is true as the price of natural gas increased by 20%, from $14.50 to $17.4 per Mcf.
Learning Objectives
- Execute basic math for computing unit pricing and the distribution of budget allocations.
- Analyze different types of expenses and understand their impact on budgeting.