In the city of Orange, 250 new businesses opened in 1998. By the end of 1998 9.5% of businesses had failed and by the end of 2000 19% of the remaining businesses had failed.

How many businesses were open at the end of 1998? (

How many businesses of the remaining businesses were open at the end of 2000?

How many businesses were no longer operating after the two-year decline?

With the current trend of business failures predict the number of failing businesses for
the year 2002 using the remaining businesses after 2000

The new york times (nov. 30, 1993) reported that “the inability of opec to agree last week to cut production has sent the oil market into turmoil . . [leading to] the lowest price for domestic crude oil since june 1990.” why were the members of opec trying to agree to cut production? so they could save more oil for future consumption so they could lower the price so they could raise the price why do you suppose opec was unable to agree on cutting production? because each country has a different production capacity because each country experiences different production costs because each country has an incentive to cheat on any agreement the newspaper also noted opec’s view “that producing nations outside the organization, like norway and britain, should do their share and cut production.” what does the phrase “do their share” suggest about opec’s desired relationship with norway and britain? opec would like norway and britain to keep their production levels high. opec would like norway and britain to act competitively. opec would like norway and britain to join the cartel.