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A Real Estate Company Kept a Database on the Apartments

question 26

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A real estate company kept a database on the apartments in a certain city.The percentages of various types of apartments are listed below. A real estate company kept a database on the apartments in a certain city.The percentages of various types of apartments are listed below.   What percentage of the apartments in the city are 1-bedroom or 2-bedroom apartments? A) 69.9% B) 69.4% C) 71.3% D) 73.3% E) The percent cannot be determined from the given percentages because the categories overlap.
What percentage of the apartments in the city are 1-bedroom or 2-bedroom apartments?


Definitions:

Society

An organized group of individuals living together in a structured community with shared laws, traditions, and values.

Economizing Problem

The need to make choices about how to best use limited resources to satisfy unlimited wants.

Limited Resources

The economic principle that the available resources (such as time, money, and raw materials) are insufficient to satisfy all wants and needs.

Unlimited Wants

The economic concept that human desires and needs are infinite and vary in intensity, contrasting with limited available resources.

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