The circle graph below shows us how an average consumer spends money. Use this information for Exercises 26 through
28.
-Suppose your family spent $56,000 on the items in the graph above. How much might we expect was spent on education?
A)$4200.00
B)$5600.00
C)$2800.00
D)$4900.00

Question

The circle graph below shows us how an average consumer spends money. Use this information for Exercises 26 through
28. 
-Suppose your family spent $56,000 on the items in the graph above. How much might we expect was spent on education?
A)$4200.00 
B)$5600.00 
C)$2800.00 
D)$4900.00

Quizplus · Accepted Answer

Without the graph, we can't determine the exact distribution of spending. However, if we assume education spending is 10% of the total (a common assumption for budgeting purposes), then 10% of $56,000 is $5,600. This is a hypothetical calculation based on a common budgeting percentage.

The Circle Graph Below Shows Us How an Average Consumer