SOLUTION: World grain demand. Freeport McMoRan projects that in 2010 world grain supply will be 1.8 trillion metric tons and the supply will only be 3/4 of world grain demand. What will worl
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Question 106618: World grain demand. Freeport McMoRan projects that in 2010 world grain supply will be 1.8 trillion metric tons and the supply will only be 3/4 of world grain demand. What will world grain demand in 2010 be?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
World grain demand. Freeport McMoRan projects that in 2010 world grain supply will be 1.8 trillion metric tons and the supply will only be 3/4 of world grain demand. What will world grain demand in 2010 be?
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Let demand in 2010 be x trillion metrix tons.
EQUATION:
1.8 tmt = (3/4)x
x = (4/3)1.8 tmt
x = 2.4 tmt
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Cheers,
Stan H.
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