How much was bread in 1975


Answers:
$8710.72

To find the answer, we must first quantify the value of Brad.
So how much is a human life worth? According to research by Stanford economists, a year of human life is worth about $129,000. Wolfram Alpha tells us that the average age of a person named Brad is 35 years, and that the average life expectancy for a human male (worldwide) is about 69 years. Assuming that procuring a loaf of Brad involves cutting down a Brad in his prime, we would be depriving him of 34 years of life -- a value of $4,386,000.

Next we must decide if a "loaf" is a unit of volume, or a unit of weight. In the UK, government regulation defines a loaf by weight -- 400 grams is a "small" loaf, and 800 grams is a "large" loaf. So let's go with weight, and let's split the difference and assume that we want a medium sized loaf of Brad... that's 600 grams, or about 1.3 pounds.

Since the average weight of a human male is 166 pounds (according to Wolfram Alpha), we can assume that Brad should sell for about $26,421 per pound -- which, using our previous loaf weight of 1.3 pounds, sets the price for a loaf of Brad in 2010 at $34,348.

Finally, inflation must be factored in. According to an inflation calculator at westegg.com, what cost $34348 in 2009 would cost $8710.72 in 1975.

Thus it is safe to say that a loaf of brad in 1975 could be purchased for $8710.72.

ad
Relevant answers:
  • How much was bread in the UK in 1975?
    The U.S. price for a loaf of bread in 1975 was as low as $0.14 (14 cents). However, this was not a typical market price. According to the USDA records, the average retail price was twice that much,...
  • How much was a loaf of bread in 1975?
    The U.S. price for a loaf of bread in 1975 was as low as $0.14 (14 cents). However, this was not a typical market price. According to the USDA records, the average retail price was twice that much,...
  • In 1975 how much did a loaf of bread cost in South Africa?
    75 cents
  • How much for bread?
    Depends on the setting, I learn about the scarcity of bread in my microeconomics class. If you live in the USA, the demand for bread is usually low, hence the variety of substitutes, and the surplus...
  • How much is bread?
    around $5.00 at Harris Teeter


  • Can you answer these questions?