Lavinia bought 1,000 ounces of silver when the price was $33 an ounce. Recently the price was $22 an ounce. How much less is Lavinia’s silver worth than when she bought it?

Answer 1

Initially, Lavinia's silver was worth 1000 * 33 = $<<1000*33=33000>>33,000.
The price of Lavinia's silver has decreased by 33,000 - (1000 * 22) = $<<33000-(1000*22)=11000>>11,000. Answer: \boxed{11,000}.