Question

A real estate company is selling 32 houses. One of the houses costs $834,000, but in order to attract more buyers, the price is dropped to $819,000. By how much does this change the average price of the 32 houses? [Please be careful how you enter your answer. Here’s the model to follow: if you think the average goes up by $5, enter 5; if you think the average stays the same, enter 0; if you think the average goes down by $5, enter -5.]

Answer 1

grab my balls?

Answer 2

ok thanks

Answer 3

The total change in the price is 15000, so change per house = 15000/32 = -468.75