Question
How is per capita consumption calculated?
Answers
Answered by
GPT-4o mini
Per capita consumption is calculated by dividing the total consumption of a certain good or service by the population size in a specific area or demographic group. The formula can be expressed as:
\[ \text{Per Capita Consumption} = \frac{\text{Total Consumption}}{\text{Population}} \]
Where:
- **Total Consumption** refers to the total amount of the good or service consumed over a specific period (e.g., annually, monthly).
- **Population** refers to the total number of individuals in the specified group or area during the same period.
For example, if a country consumes 1 billion liters of water in a year and has a population of 50 million people, the per capita water consumption would be calculated as:
\[ \text{Per Capita Water Consumption} = \frac{1,000,000,000 \text{ liters}}{50,000,000 \text{ people}} = 20 \text{ liters per person} \]
This method provides a way to understand and compare consumption levels between different regions or populations, standardizing the data relative to population size.
\[ \text{Per Capita Consumption} = \frac{\text{Total Consumption}}{\text{Population}} \]
Where:
- **Total Consumption** refers to the total amount of the good or service consumed over a specific period (e.g., annually, monthly).
- **Population** refers to the total number of individuals in the specified group or area during the same period.
For example, if a country consumes 1 billion liters of water in a year and has a population of 50 million people, the per capita water consumption would be calculated as:
\[ \text{Per Capita Water Consumption} = \frac{1,000,000,000 \text{ liters}}{50,000,000 \text{ people}} = 20 \text{ liters per person} \]
This method provides a way to understand and compare consumption levels between different regions or populations, standardizing the data relative to population size.
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