1. According to Canada's National Statistical Website, Statistics Canada, 12/14/2022 In 2022, the total production of...

Transcribed Image Text:

1. According to Canada's National Statistical Website, Statistics Canada, 12/14/2022 "In 2022, the total production of maple syrup in Quebec was 15.9 million gallons a 59.1% increase from 2021 and a record-high harvest for Canada's top maple- producing province. Excellent spring conditions contributed to an increased yield. This rise in production allowed the Federation of Quebec maple syrup producers to replenish its strategic reserve, which was accessed in 2021 to meet domestic and export demand for the sweetener. Quebec accounts for 90% of Canada's national production. New Brunswick producers reported a maple harvest of 810.9 thousand gallons, a 3.2% increase from 2021. This rise is attributable to new tappings across the province and the growing New Brunswick maple industry. In Ontario, historic high yields in northern parts of the province contributed to a 27.7% rise in production to 589.8 thousand gallons." a. What was Quebec's maple syrup production in 2021? b. What was the total production of maple syrup in Canada in 2022? 2. Suppose Stock1 that has a value of $67.39. The value of the stock decreases in value by 6.2% on the first of the month, and it then increases in value at the end of the month by 4.5%. a. What is the value of Stock1 at the end of the month? b. What is the overall percent change of Stock 1 for the month? 1. According to Canada's National Statistical Website, Statistics Canada, 12/14/2022 "In 2022, the total production of maple syrup in Quebec was 15.9 million gallons a 59.1% increase from 2021 and a record-high harvest for Canada's top maple- producing province. Excellent spring conditions contributed to an increased yield. This rise in production allowed the Federation of Quebec maple syrup producers to replenish its strategic reserve, which was accessed in 2021 to meet domestic and export demand for the sweetener. Quebec accounts for 90% of Canada's national production. New Brunswick producers reported a maple harvest of 810.9 thousand gallons, a 3.2% increase from 2021. This rise is attributable to new tappings across the province and the growing New Brunswick maple industry. In Ontario, historic high yields in northern parts of the province contributed to a 27.7% rise in production to 589.8 thousand gallons." a. What was Quebec's maple syrup production in 2021? b. What was the total production of maple syrup in Canada in 2022? 2. Suppose Stock1 that has a value of $67.39. The value of the stock decreases in value by 6.2% on the first of the month, and it then increases in value at the end of the month by 4.5%. a. What is the value of Stock1 at the end of the month? b. What is the overall percent change of Stock 1 for the month?