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Based on data from 2006-2015 How much did the price of a stamp increase? How muc

ID: 3234799 • Letter: B

Question

Based on data from 2006-2015
How much did the price of a stamp increase?
How much did the 1st class mail volume decrease?
Data from the United States Postal Service (USPS) Annual Operating Total Career Total Mail Year Volume Revenue 2015 $68.8 B 154.2 B 493.381 2014 487.054 $67.8 B 155.4 B 2013 489,727 S67.2 B 158.4 B 2012 522,144 S65.2 B 159.9 B 2011 S65.7 B 551,570 168.3 B 2010 583.908 S67.1 B 170.9 B 2009 $68 B 623,128 176.7 B 200N $74.9 B 663,238 202.7 B 2007 S74.7 B 684,762 212.2 B 2006 696,138 213.1 B S72.7 B Total First-Class First-Class Single Mail Volume Piece Mail 1st Class Stamp Price (cents (billions) Volume 62.4 20.6 B 49 636 21.5 B 49 65.8 22.6 B 46 23.2 B 68.7 45 72.5 25.8 B 44 7.6 28.9 B 82.1 31.6 B 90.7 354 B 42 42.3 B 95.9 44.4 B 97,7 39

Explanation / Answer

as per given data from 2006-2015

answer per question 1(How much did the price of a stamp increase? )

49-39=10

answer per question 2(How much did the 1st class mail volume decrease? )

97.7-62.4=35.3

answe for question 3(What was the mail volume decrease per penny of stamp price increase?)

35.3/10

=3.53

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